Investor demand registration rights, Electrical Engineering

You have been hired by Serge Brink and Larry Park to assist them in the evaluation of a recently issued term sheet from Global VC Partners.

The new venture is an Internet startup based on the pair's doctoral research and each of the entrepreneurs are newly minted PhD graduates with minimal business experience. At this point, the valuation is not subject to debate but Serge & Larry are concerned about a number of the clauses referred to within the term sheet, specifically:

  • Investor demand registration rights
  • Reserved ESOP shares (30% of post-money shares)
  • Investor liquidation preference of 250%
  • Convertible preferred shares with full ratchet provision
  • Fixed maturity date with investor put provision

Prepare a comprehensive professional style memo addressed to Serge & Larry that sufficiently explains each of the aforementioned items from both an investor's and an entrepreneur's perspective.  You should also recommend any additional clauses that the entrepreneurs may wish to consider within their deal structure negotiations.

Posted Date: 4/2/2013 2:53:27 AM | Location : United States







Related Discussions:- Investor demand registration rights, Assignment Help, Ask Question on Investor demand registration rights, Get Answer, Expert's Help, Investor demand registration rights Discussions

Write discussion on Investor demand registration rights
Your posts are moderated
Related Questions
really need help how to run the veener press line for wood-based panels?

Q. Reduce the circuit of Figure to a Thévenin and a Norton equivalent circuit with respect to terminals a-b.

Q. The dual situations is shown in Figure , in which a high-pass and a low-pass filter are connected in parallel to produce a bandstop filter. With ω CLP = 10 CHP = 50, ω 0

Logically AND the contents of memory Contents of memory  location,  whose address is specified by HL register pair are logically AND with the  contents  of the accumulator. The

transient analysis of clampers

Q. Explain function of application layer? Layers of OSI model are as follows: (1) The Physical Layer: This defines an interface in terms of connections, voltage levels and

Q. What is RingTopology? In ring topology, all user nodes are connected with physical path acting as links of a chain and last user node is connected back to the first node. A

What is meant by Daisy Chaining method?  It does not need any priority resolving network, rather the priorities of all the devices are effectively assumed to be in sequence.

State the advantages and disadvantages of alloying steel with silicon for use as magnetic materials in transformer and electric machines. Extensive utilize, is made of iron-sil

Loudspeakers using single driver are unable to cover the entire frequency band from low frequency to high frequency. Sometimes multiband frequency is required for the bass enhancem