Termsheets are (1) used by founders raising capital and (2) investors looking to deploy capital. Most all termsheets are different in some slight way (unless you're using a SAFE or KISS note), they usually require lawyers, and all are time-consuming where neither party usually gets 100% of what they want. For a founder, it's about obtaining capital without giving… Continue reading Navigating Termsheets
Category: governance
#remotework
I've been in a role requiring extensive travel the past few years. I also consider the entire team I work on to be distributed. A lot of companies are now asking employees to work from home given #covid19. With that, my unsolicited advice is to establish the following guardrails if you're not used to being in… Continue reading #remotework
Effective Non-Executive Directors
There are a lot of books to read and classes to take for being a good Non-Executive Director (NED) across most any company and industry. It’s impossible to write one small blog about the ‘best’ things to do, but here are some essentials to being different and hopefully a great value-add NED. This is a… Continue reading Effective Non-Executive Directors
Startups & Optimal Boards
The first response to this is the grad school saying of, "it depends" (your evergreen, go-to scapegoat answer). But getting to a realistic answer is that 'it depends' on your stage and structure. The below information is tailored to the startup and not non-executive director (NED), which I'll address in another post. What is important… Continue reading Startups & Optimal Boards
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