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Silicon Valley Frontlines: Two Tales of "Working For Equity"

philipsmith.typepad.com

a year burn rate and your equity is worthless due to numerous recapitalizations and bridge loans from investors then either you don't get it or I'm stupid to do it. Looks like you should have hired a CFO a long time ago! Name and email address are required. Name is required to post a comment. Your Information.

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On the Road to Recap:

abovethecrowd.com

Also, they have a strong belief that any sign of weakness (such as a down round) will have a catastrophic impact on their culture, hiring process, and ability to retain employees. They basically cannot afford to expose themselves to any more risk in a particular name.

IPO 40
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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

I can’t say his name yet because he hasn’t announced funding. On the positive side, corporate profits are up, their balance sheets have been repaired and they have recapitalized themselves to have lower amounts of debt relative to equity. I told him (verbatim), “close your round by August 2nd. But he got it done.

Stock 305