Thank you for the insights in this video. Very specific issues that every new start-up CEO needs to understand or he/she will learn the hard way as we have. Number 4 is definitely a screaming, hair on fire, sky is falling red flag. Start-up CEOs don’t always consider that the investment in their company helps offset gains for tax purposes - so the start up essentially become a ghost or negative company. The investor isn’t aligned to the success of the start-up. Quite the contrary, it’s just the opposite. Not much is written about this nasty dirty secret but CEOs need to be aware of this. It happens in public companies as well, but difficult to discern. Thanks, Brett for another great video!
Very insightful. There's always more beyond the innocent-looking clauses in term sheets. Tranches and an investor refusing to take a board seat didn't appear sinister to me initially. These blow it for me. Thank you, sir.
Thank you so much for this! The power dynamic of VC makes it very difficult for most founders to even broach this topic. I'm really glad you took this opportunity to share these critical insights.
I've seen several of your videos. Do you also invest and are you interested in fixing the seemingly perilous overall structure to investments? For example, if the product were to target the open problem of open source remuneration, and it happened to provide implementation mechanics that enabled an investment equivalent of open source (because it has to do with open collaboration + pay, which investment is one particular concrete use case), would that be interesting to you?
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Thank you for the insights in this video. Very specific issues that every new start-up CEO needs to understand or he/she will learn the hard way as we have. Number 4 is definitely a screaming, hair on fire, sky is falling red flag. Start-up CEOs don’t always consider that the investment in their company helps offset gains for tax purposes - so the start up essentially become a ghost or negative company. The investor isn’t aligned to the success of the start-up. Quite the contrary, it’s just the opposite. Not much is written about this nasty dirty secret but CEOs need to be aware of this. It happens in public companies as well, but difficult to discern. Thanks, Brett for another great video!
Thanks for your kind words, Wayne. Yes, number 4 is what you absolutely don't want to have happen to have happen to you.
Very insightful. There's always more beyond the innocent-looking clauses in term sheets. Tranches and an investor refusing to take a board seat didn't appear sinister to me initially. These blow it for me. Thank you, sir.
You're welcome, Geoffrey. I'm glad you found the video useful.
Thank you for this❤
You're welcome!
Great insights
Thanks for your kind words. I appreciate it.
Thank you so much for this! The power dynamic of VC makes it very difficult for most founders to even broach this topic. I'm really glad you took this opportunity to share these critical insights.
Thanks for your kind words. I'm glad you found the video useful.
I've seen several of your videos. Do you also invest and are you interested in fixing the seemingly perilous overall structure to investments? For example, if the product were to target the open problem of open source remuneration, and it happened to provide implementation mechanics that enabled an investment equivalent of open source (because it has to do with open collaboration + pay, which investment is one particular concrete use case), would that be interesting to you?
Good And Very important notes
Glad you liked it.
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Very important video
Thanks for the kind words!