Funding
What's Your Ownership Stake Really Worth?
Founders obsess over ownership percentage. Wrong metric. Your 20% stake could be worthless if the preference stack is too high.
Exit Strategy
Exit Strategy
High Rates and Tariffs Are Delaying Startup Exits
Wondering why the M&A and IPO markets are so tight? No surprise that VCs are pointing to high interest rates and tariff uncertainty as key blocks to an exit. In a tight exit market, focus on what you can control.
Funding
The Casper IPO - Investor Leverage, The Hit To Employee Morale, and The Tough Road Ahead
I recently wrote a post about the negative impact of the Casper IPO on investor sentiment in the Direct-To-Consumer (“DTC”) space. Anytime a company in a sector goes public at a valuation that is less than half the valuation of its last round, it’s going to ripple through the
Funding
Learning From the Casper IPO - Investor Sentiment Shifts Fast
In the world of startups and venture capital, industries move in and out of favor very fast. It doesn’t take much for an industry that’s been attracting huge amounts of investor attention and capital to suddenly lose its shine. We are seeing this happen right now in the