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Rolling Closes Versus Synchronous Closes

Haystack

Most of the rounds I participate in today are priced equity rounds. The equity round process bakes this in, and helps every participant to know what they’re raising or holding at any given point, dissuading the company from taking on additional capital without some burden. Payment may be delayed.

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What Makes a Great Independent Board Member?

Both Sides of the Table

When an entrepreneur takes on investors who take equity (i.e. The board is where large equity investors get their representation. Industry Expertise You don’t need a peer from another startup as your independent?—?you What you don’t get on a typical startup board is somebody who brings the wisdom of your industry.

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