Cap Table
A capitalization table, or cap table, is a list of your company’s equity securities, including stock, options and warrants, that identifies how many shares are outstanding and who owns those securities
A capitalization table, or cap table, is a list of your company’s equity securities, including stock, options and warrants, that identifies how many shares are outstanding and who owns those securities
Dilution is a reduction in the ownership percentage of a share of stock caused by the issuance of new stock.
Now that you’ve decided that borrowing money is a better option than doing an equity round, how do you determine the terms of the loan? Venture debt lenders will typically…
If you are thinking about selling your company (see also Getting Ready for an M&A exit and Understanding an M&A Term Sheet), you should carefully consider how to best structure the…
Departing Directors Board members tend to stay with companies for a relatively long time, but, like employees, sometimes it makes sense for a board member to leave. Here is what I…
I get questions all the time from clients who haven’t raised convertible debt before. If my clients frequently ask these questions, no doubt there are scores of others who have…
Many people think a high(er) valuation is the Holy Grail. Those people are (often) wrong. In pursuit of a high(er) valuation, founders often unwittingly give up valuable ownership percentage points…
We often are asked by clients about common terms for stock or option grants for advisors. Advisors are typically business or technical people that lend their time and expertise to…