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How do the sample Series Seed financing documents differ from typical Series A financing documents?

Startup Company Lawyer

To differentiate it from typical “Series A&# preferred stock, which comes with certain expectations with regard to rights. There is no real rule to what a particular series of preferred stock is called. Co-sale rights. The Y Combinator documents were released in August 2008. Voting agreement.

Finance 70
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Why Uber is The Revenge of the Founders

Steve Blank

To turn your company’s stock into cash, you engaged a top-notch investment bank (Morgan Stanley, Goldman Sachs) and/or their Silicon Valley compatriots (Hambrecht & Quist, Montgomery Securities, Robertson Stephens). For three decades (1978-2008), investors controlled the board. Hire a CEO to Go Public. Board Control.

Founder 269
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The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand

Both Sides of the Table

A standard entrepreneur retort I heard back then (2008-09) was “I don’t know what my company is worth now. ” And some seed stage investors told me, “I prefer not to fight over price now. Our convertible note says that it “converts into the next round of capital and into the same security.”

Ratchet 354