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

venturehacks.com

If you have more questions, email us at ask@venturehacks.com. They can even add more value than an independent board member because they don’t have to deal with corporate governance. The company is acquired, recapitalized, or otherwise restructured and the advisors are no longer useful or desired. See Part 1 for the rest.

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On the Road to Recap:

abovethecrowd.com

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). Any investor asked to follow a dirty offering will look at the complexity of the previous offering and likely opt out.

IPO 40