OnlyOnce

APRIL 23, 2024

But once California banned them and then we started doing business internationally in countries where they were illegal or not customary, we realized it was unfair to treat some employees different than others, so we got rid of them entirely and reverted to the common denominator.

Non-Compete 71

Non-Compete Covenant California Government 71

Both Sides of the Table

MARCH 18, 2010

When I kicked off Launchpad LA a year ago I had a few objectives: Create an ecosystem where all Southern California VC’s had the chance to work together more actively outside of the boards on which we mutually sit. He had a pile of debt and covenants that made him vulnerable if the debt holders wanted to play rough.

Southern California 259

Southern California Los Angeles Technical Review Covenant 259

Lightspeed Venture Partners

DECEMBER 10, 2012

Banks often have operating covenants for their loans that require the company to be hitting plan, or close to it. These firms typically charge more than banks and have higher warrant coverage, but have fewer restrictions on the use of capital, no covenants, and will often lend more than a bank will.

Covenant 162

Covenant Warrant Southern California Los Angeles 162