Debt, Equity and Control…Term Sheet Caution
This is an extension of my post last week… Many investors, eager to get started and get their company moving, will agree to terms that are not good business in the long run. It is understandable, and I have a client and friend that is fond of saying “we hope that is a problem” because if […]
The three musketeers is best for co-founders…
Anyone starting a business with someone else will eventually have to tackle relative ownership and compensation questions. For some founders the answers are simple, but for most it is a sticky issue that creates a lot of stress and runs the risk of ruining both friendships and the business.
