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

philipsmith.typepad.com

a year burn rate and your equity is worthless due to numerous recapitalizations and bridge loans from investors then either you don't get it or I'm stupid to do it. The second example came along just this morning. Someone in my network forwarded an email to me from a recruiting firm that is quite active in the Valley. Predictions.

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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

On the positive side, corporate profits are up, their balance sheets have been repaired and they have recapitalized themselves to have lower amounts of debt relative to equity. So the industry formed around a day of the week when all partners could avoid having company board meetings or traveling. Yesterday was a Monday.

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