cap table
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 29, 2018 by Jay Habegger · across every show →
Everything said about cap table, oldest first
Aug 29, 2018
Down rounds hurt founder equity significantly more than aggressive liquidation terms
“It's not so much the features that usually get in the entrepreneur's way. It's usually the fact that things are not linear. So you start, the company grows, maybe at some point it has a setback, and then you end up doing a down round, and that becomes a real p…”