Partner Louis Lehot presented “Venture Financings: Adding Business Value as a GC” and Partner Brandee Diamond presented “Buyside: Deal Terms and Post-COVID Key Issues for Strategic Buyers” at the TechGC Fullstack GC Conference on Friday, July 23, 2021 in San Francisco, CA.
On the venture financing panel, Lehot discussed how TechGCs can add value in the venture financing process, including:
- Preparing in advance with a clean and fully audited cap table on CARTA
- Making sure key information and agreements are easily accessible in a high quality virtual data room that is investor-ready and on short notice
- Preparing a pro forma cap table with scenarios in different tabs to demonstrate outcomes to key stakeholders and facilitate informed negotiation
- Partnering with outside counsel to negotiate a term sheet that works for all stakeholders, looking out for trending terms for management top-ups and secondary tranches
- Working with small group to prepare disclosure schedules
- Keeping the existing stakeholders aligned on the process to bring in the new investors
Topics Diamond discussed included deal terms and post-COVID key issues for strategic buyers and how to stay agile in a changing deal environment, including:
- Challenges in deal-making in the post COVID era
- How we are adapting to the challenges through changes in deal terms and process
- The post-closing issues that we are seeing
For more information, please visit the Fullstack GC Conference website.
People
Related Insights
16 May 2024
Events
You Be the Judge: Top Staffing Cases of 2023
Back by popular demand—combining value with a bit of levity: This interactive session features leading legal experts in staffing who will argue their cases before you, the jury, and let you decide the verdict.
27 March 2024
PharmaPatents
Federal Circuit Applies Safe Harbor to Imported Medical Device Samples
In a recent decision, a majority panel of the Federal Circuit held that the importation of medical devices to support efforts to recruit investigators for a clinical trial was shielded by the safe harbor.
27 March 2024
Legal News: Distribution & Franchise
Federal Court Analyzes Venue Statutes and Orders Transfer of Suit Against Franchisee
In Honest Abe Roofing Franchise, Inc. v. Lesjon Holdings, LLC, the District Court for the Southern District of Indiana ruled on a motion to dismiss for improper venue under Federal Rule 12(b)(3).