Both Sides of the Table

APRIL 19, 2011

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank. The answer?

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

Pascal's View

DECEMBER 17, 2012

Venture capitalists that have an inventory of acquisition-ready companies will do well.”. Recent reports reveal that mergers and acquisitions still account for over 90% of liquidity events for venture-backed companies in 2012, a lamentable condition that has plagued the US innovation ecosystem for close to a decade.

Acquisition 38

Acquisition Merger Covenant Liquidity Event 38

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. We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. if you have a good use for it and we’re excited about your company – fine.

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. . Yes, typically preferred equity. 15-20% sold per round. Volatile, uncapped. Governance.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

David Teten

AUGUST 19, 2019

Like other RBI firms, Decathlon does not require warrants, governance involvement, or the types of financial covenants that are often associated with other venture debt type solutions. Pied Piper Inc needs funding to accelerate customer acquisition for its SaaS solution. To best explain the process of RBF funding, let’s use an example.

Revenue 60

Revenue Technical Review Software Review Equity 60

Tim Keane

MARCH 9, 2011

  Appropriate covenants. Example two:  Explosive market share growth and revenue in an expanding market with acquisitive players available.   Appropriate covenants. Example two:  Explosive market share growth and revenue in an expanding market with acquisitive players available. Possibilities: 1. 

Finance 83

Finance Bootstrapping Startup Equity 83

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