Episode Summary:

In this episode of Litigation and Capital, host Kevin Rosenquist and Steven Mirsky discuss governance gaps and challenges companies face as they scale through different revenue thresholds. They explore how leadership requirements evolve, the importance of updating legal documents, and managing strategic alignment between stakeholders.

Key Timestamps:

00:01 - Show Introduction

00:52 - Common governance issues at different growth stages

04:30 - Leadership challenges when scaling from $25M to $50M

05:57 - Discussion on shareholder structures and crowdfunding challenges

07:21 - Age-related transitions and business succession

09:11 - Board development importance and dispute resolution

10:30 - Evolution of legal documents with business complexity

13:43 - When to implement formal legal governance

14:18 - Top governance advice for scaling founders

About the Show:

Litigation and Capital with Steven Mirsky breaks down high-stakes legal issues affecting companies earning $10-100 million annually. The show helps business leaders turn complexity into leverage and protect their business assets through expert insights and practical advice.