Venture Deals Review
VDR Ch. 14, Part 2: Letters of Intent

In this episode, we discuss when to ask for a breakup fee, conditions precedent, and extended no-shop periods. 


Venture Deals Review
VDR Ch. 14, Part 1: Letters of Intent—The Other Term Sheet

In this episode, we discuss the difference between an asset deal and stock deal, forms of consideration, earnouts, and representations & warranties.


Venture Deals Review
VDR Ch. 13: Issues at Different Financing Stages

In this episode, we discuss runaway valuations, party rounds, and board control. 


Venture Deals Review
VDR Ch. 12: Raising Money the Right Way

In this episode, we discuss what your venture attorney’s role is – and isn’t – in raising money, expectations for your Friends and Family Round, and best practices when emailing potential investors.


Venture Deals Review
VDR Ch. 11: Negotiation Tactics

In this episode, we discuss the role of your lawyer in a term sheet negotiation, when and how to walk away from a deal, and the best ways to prepare for a negotiation.


Venture Deals Review
VDR Ch. 10: How Venture Capital Funds Work

In this episode, we discuss typical management fees and carried interest structures, clawback provisions, the difference between capital calls and blind pools, and the difference between corporate VC arms and strategic investors. 


Venture Deals Review
VDR Ch. 9: Crowdfunding

In this episode, we discuss product, charity, and equity crowdfunding, company types that best fit crowdfunding, the importance of being familiar with securities regulations and exemptions, and the future of crowdfunding.


Venture Deals Review
VDR Ch. 8: Convertible Debt

In this episode, we discuss the pros and cons of using convertible debt from both an investor and company perspective, the three different scenarios that will cause a conversion, and when you should and shouldn’t use KISS or SAFE agreements. 


Venture Deals Review
VDR Ch. 7: The Cap Table

In this episode, we discuss best uses of cap tables, online cap table management platforms, and how VCs and companies each approach calculating price per share.


Office Hours
VDR Ch. 6, Part 2: Other Terms of the Term Sheet

In this episode, we discuss restriction on sales, assigning confidential information to the company, tag along rights, no-shop agreements, and indemnification clauses.