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
April 16, 2026
Manufacturing Industry Advisor
Foley Automotive Update
Foley is here to help you through all aspects of rethinking your long-term business strategies, investments, partnerships, and technology. Contact the authors, your Foley relationship partner, or our Automotive Team to discuss and learn more.
April 16, 2026
Foley Viewpoints
USPTO's AI Search Pilot May Reshape Patent Filing Strategy
The U.S. Patent and Trademark Office's Artificial Intelligence Search Automated Pilot, or ASAP, program introduces earlier visibility into the prior art landscape by providing applicants with an automated search results notice prior to substantive examination.
April 16, 2026
Foley Viewpoints
Delaware Chancery Rejects “Race to the Courthouse” in Enforcing Texas Exclusive Forum Bylaw, Dismissing Three Derivative Lawsuits filed before Tesla’s Redomestication
On April 13, 2026, the Delaware Court of Chancery dismissed three derivative suits in In re Tesla, Inc. Derivative Litigation based on Tesla’s forum selection bylaw requiring that those lawsuits be brought in Texas. All three derivative lawsuits were filed after Tesla announced its proposal to redomesticate and adopt a Texas exclusive forum bylaw but before the redomestication and amended bylaw became effective after shareholder approval.