Both Sides of the Table

SEPTEMBER 28, 2014

We want money to make some acquisitions (investors would prefer to fund M&A if they know specific deals – not to encourage bad behavior. So money spent should add equity value or create IP that eventually will. We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet.

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

David Teten

JANUARY 19, 2021

The value ascribed by subsequent investors (in a secondary); buyers (acquisition); or the public markets (IPO). Typically promissory note or non-voting common stock, with covenants. Hard covenants with potentially strict penalties. . Flexible VC offers you this. Yes, typically preferred equity. 15-20% sold per round.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Gust

OCTOBER 26, 2011

The Notes will be issued pursuant to a definitive Note Purchase Agreement containing customary covenants, representations and warranties of the Company. merger or acquisition). The Note Purchase Agreement and Convertible Promissory Note are essential documents for any convertible note financing.

Finance 79

Finance Term Sheet Covenant Accredited Investor 79