3. 01
● Easier when no money involved
● Spend the cash - Get a good startup lawyer
Get the paperwork done early
● Never done an exit without SHA issues
● A bad SHA can kill a company or a fund raise
Founders go to court – not companies
Watch out for
Friends and
Family
4. The First Real
VC Money...
• Once you take the money you can never go back!
• Nothing is “Market Terms”
• Valuation isn’t everyting - Check the numbers
5. The Exit
Greed and a bad SHA can cost a lot of money...
How a few “friends” blocked an IPO
6. Thank you for
your time
Thomas Sehested
Presenter
linkedin.com/in/thomassehested/
LinkedIn
thomas@sehested.com
Email