On the Road to Recap:
abovethecrowd.com
APRIL 20, 2016
This severely heightens the risk of either running out of money or a complete recapitalization that wipes out previous shareholders (founder, employees, and investors alike). Cash distributions are what matter at the end of the day, bug big paper gains still make for good fundraising pitches. First, these investors are “pot committed.”
Let's personalize your content