Venture In The South
Venture in the South is about the Startup Ecosystem in the Southern US.
We interview founders and thought leaders, sponsor a few panels discussing significant events and share our own experiences with over 100 startup investments.
Released every Monday and usually 30-45 minutes long, ~50% of shows are Founder interviews, ~25% interviews with thought leaders and ~25% educational.
We invite feedback and suggestions via ventureinthesouth.com or email david@ventureinthesouth.com. If you like our show please subscribe and give us a rating with a 2 sentence review.
Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD.
Venture In The South
E121: Liquidation Preferences and Vesting are your Ticket to Ride
E121: Fundraising terms are critical to successful startup growth and to successful exits for Founders and Investors.
Arguably the most important term for Founders may be the Vesting terms that determine their take at exit. For Investors, it's the Liquidation Preference that determines their position in the line to get money after a liquidity event (and even which line(s) they are are in).
With such critical downstream effects, these terms warrant awareness and careful scrutiny. David and Paul discuss the principles and precedence that guide these terms and explain how they can work for or against Founders and Investors. We review some of the pitfalls are illustrated in The FanDuel Exit Fiasco as explained in detail by Chris Harvey, Emerging Fund Lawyer. Have a question or comment? (Recorded 5/28/24.)
Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments.
Follow Paul on LinkedIn or reach out to Paul on Twitter/X @PalmettoAngel
We invite your feedback and suggestions at www.ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc.
