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Mark Hauser’s Hauser Private Equity Spearheads Major Deals in Industrial Sector

The Startup Magazine

On the other side of the spectrum, the idea of finding a unicorn has attracted many investors toward the much riskier venture capital and emerging technologies. Their investment supported Stat Health’s recapitalization, alongside Spanos Barber Jesse & Co.

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Cram Down – A Test of Character for VCs and Founders

Steve Blank

Except, that is, for the bottom feeders of the Venture Capital business – investors who “ cram down ” their companies. Venture capital, like most private equity, is an unregulated financial asset class – anything goes. You just failed the ethical choice and forever ruined your reputation. Stopping Cram Downs.

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The Right Way to Lay People Off

Ben's Blog

outcome with no recapitalization. He said that during his over 20 years in the venture capital business, he’d never seen a company recover from consecutive layoffs and achieve a billion dollar plus outcome. He wanted to hear the story of how we went from doomed in the eyes of the world to a $1.6B

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On the Road to Recap:

abovethecrowd.com

In Silicon Valley boardrooms, where “growth at all costs” had been the mantra for many years, people began to imagine a world where the cost of capital could rise dramatically, and profits could come back in vogue. Competition also has access to capital. They use the reputation of the other investors as a proxy for due diligence.

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The Silliness Of Recapping Seed Rounds

Feld Thoughts

So they recapitalize the company. And developing a reputation for recapping seed rounds is, in my book, silly. The term sheet converts all the convertible debt into a post-money valuation of $100, essentially making the convertible debt worthless. In a single turn game, this might be rational behavior.

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The Entrepreneur Thesis

Both Sides of the Table

Let me outline the contra viewpoint, which is never expressed openly, but it what I believe gives our industry a bad reputation. Let me outline the contra viewpoint, which is seldom expressed openly, but it what I believe gives our industry a bad reputation. Not so venture capital. It’s the “entrepreneur thesis.”