Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics

All right, everybody, welcome back to Startup Basics. This is the program where I get the people who are my partners, who help me run my businesses to basically help you, founders out there, angel investors, understand the game on the field and you get some free advice, some free mentoring, and legal is where. Gosh, there's so much going on and I'm so lucky to have Becky de Gras as my attorney. She's a partner at Wilson Cincini and she's been helping me do these startup basic shows for years. God, we've done so many of these.

And we talked on our last episode about the have-nots and protective provisions, cram down routes, all this hand-wringing that's going on. But for every two or three have nots, we're starting to see a have and have a lot. So when you're on a heater, you got a great team, you've got cash in the bank, you got revenue, you don't need to raise. What's the playbook now for that C-stage company that's breaking out and, you know, broke a million, two million in revenue, that Series A company that has five term sheets they have to negotiate? And you're picking between a lot of great options.

Maybe even you got some overtures to be purchased, right? Yeah. Well, thanks for having me. It's always great to be here and do these with you. Legal oftentimes is, okay, yep, we've got our playbook.

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