| || |
|Page 1 of 1 || Previous | Next |
| || | CHRIS DIXON
SEPTEMBER 10, 2012 [Deal Structure, IP] Notes on the acquisition process
Moreover, some public companies insist that you don’t talk to employees until the deal is closed or almost closed. Deal structure: the cap table is an agreement between you and the shareholders that says, in effect: “If we sell the company, this is how we pay out founders, employees, and investors.” startups
| || | GUST
OCTOBER 26, 2011 [Deal Structure, IP] Knowledge Is Power: Convertible Note Financing Terms, Part V
As we conclude our convertible note financing series, there are assorted terms commonly seen in term sheets and deal documents that are worth touching on briefly. It’s common to skip the questionnaire when dealing with “known quantity” institutional investors provided they are willing to make the representations in the purchase agreement.