Both Sides of the Table

JULY 22, 2010

I don’t feel that as a VC sneaking in nefarious terms into a term sheet that the entrepreneur doesn’t understand is a good way to build a long-term relationship nor to build a long-term reputation but this does happen and more frequently than we all would like.

Valuation 405

Valuation Liquidation Preference Pre-Money Valuation Term Sheet 405

Both Sides of the Table

JANUARY 21, 2010

I’ve met several people from Cooley Godward who have stellar reputations in this category. You can’t just understand “redemption rights&# in theory. They have a stellar reputation and know how to work with the earliest of starts with entrepreneurs. I already mentioned DLA Piper. And Brad Feld.

Southern California 318

Southern California Silicon Valley Stock Options IP 318

abovethecrowd.com

AUGUST 23, 2020

Historically they have been a kind of back-door way for a company to go public, and as a result have historically had a sub-standard reputation. You agree on a price with the Sponsor, but then cannot get shareholder approval or have too many redemptions. Some SPACs (like Ackman’s) have features that make redemption less likely.

IPO 118

IPO Silicon Valley Warrant Matching 118

Scott Edward Walker

SEPTEMBER 14, 2011

First (and needless to say), founders should do extensive due diligence on the investors prior to executing a term sheet to ensure that they are dealing with trustworthy and reputable investors (both the firms and the individuals involved), and that there’s no history of them walking away from deals.

Term Sheet 76

Term Sheet Due Diligence Liquidation Preference Redemption 76

Up and Running

JANUARY 26, 2016

TED speakers Jon Ronson and Monica Lewinsky examine shame and redemption in the age of the social media take-down. And Jon Ronson is a researcher who has written a book on the cultural phenomenon of someone’s life being essentially ruined (job loss, decimated credibility, and public reputation) by sending out an offensive tweet.

Video 60

Video North America Redemption Social Media 60

Diego Basch

FEBRUARY 28, 2012

” This was followed by a description of the most horrendous task the company could think of, the software equivalent of the escape scene from The Shawshank Redemption. If you happen to be working with a party that has a public reputation, you want to try to set things up in a way that betraying your trust would hurt that reputation.

Term Sheet 56

Term Sheet Redemption Acquisition Reputation 56

Both Sides of the Table

DECEMBER 6, 2017

You can love them and want rehabilitation and perhaps one day redemption but when a person has exploited a position of power they don’t deserve our sympathy above that of the victims and they don’t deserve a free pass back into power. Victims must always deserve more respect than a flawed human being in search of redemption.

Venture Capital 254

Venture Capital Redemption Naming Austin 254