Wednesday, April 14, 2010

Restructuring Prep for Your Capital Raise

Mark Suster, entrepreneur and VC, calls this process by its true and better name: "cleaning up your own shite". It's amazing how many prohibitive terms and conditions find their way into early rounds. A lot of otherwise solid companies find themselves unexpectedly up against the wall because of this problem, and the more experience (read: more rounds) the company has under its belt, the worse this gets. If this is you, go check out his article.

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