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Master of Customer Acquisition, Matt Coffin, On Startups …

Both Sides of the Table

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?

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Who are the Major Revenue-Based Investing VCs?

David Teten

The mode purpose for funding is (in order of frequency) Sales, Marketing, Market Expansion, Product Development, and Hiring Employees. 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.

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Accepting Outside Investors? Here Are 5 Things to Watch Out for in Your Contract

Up and Running

Covenants, a legal term that just means promises, are things you promise to do (known as affirmative covenants ) or promise not to do (known as negative covenants ) as the manager of the business. Any investor is going to want covenants in some form, and it’s not unreasonable that they do.

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Protect Your Startup From The 5 Most Common Employment Law Risks

Early Growth Financial Services

1) Hiring — There are 3 main areas of risk here: restrictive covenants, compensation arrangements, and confidential information. Restrictive covenants — Employers often use non compete and non solicitation clauses to retain employees.

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Negotiating a Job Offer from a Private Equity/VC Portfolio Company

David Teten

Structuring and Negotiating Executive Compensation Packages: Addressing Pay, Severance, Restrictive Covenants, and More. Your future employer might want to read: Is Hiring an Outsider the Right Choice in the First Place? Negotiating Employment with a Private Equity Firm – 7 Surprises to Expect. Executive Compensation & Severance.

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How to evaluate the great job offer you just won

David Teten

Structuring and Negotiating Executive Compensation Packages: Addressing Pay, Severance, Restrictive Covenants, and More. Lastly, your future employer might want to read: Is Hiring an Outsider the Right Choice in the First Place? Negotiating Employment with a Private Equity Firm – 7 Surprises to Expect. Insider or Outsider CEO?

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Pros & Cons Of Non-Compete Agreements

YoungUpstarts

A competitor who hires an ex-employee under a non-compete can become liable for what is known as tortious interference. Given the challenges and limitations of non-compete agreements, there are other, less severe restrictive covenants and agreements that may be used as alternatives or supplements to non-compete agreements.