Remove Conversion Remove Employee Remove Finance Remove Recapitalization
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What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

If the situation is dire, you may also consider recapitalizing the business through a debt refinancing or by selling equity. See if you and your finance staff can answer these questions: When did my business become unprofitable, and what caused the change? Furlough non-essential employees. What are my top 3 costs?

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

philipsmith.typepad.com

While there have been times in the last dozen or so years, usually during times of venture capital excess, that cash to founders, early-stage executives and other key employees has matched regular market compensation (still with the upside of the equity), this is not true in the vast majority in the start-up game. Save to del.icio.us. |.

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Everything you ever wanted to know about advisors: Part 2.

venturehacks.com

If an advisor can uncork a million dollars of your company’s latent value with 15 minutes of conversation or a single introduction, you should pay him appropriately. Or they bring you a handful of great employees. They’ll bring you leads for customers, employees, and investors. Or they raise your money for you.