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The LM Brief: Conditional Voting Rights in VC Term Sheets

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Manage episode 501005872 series 2973294
Content provided by Word of DaaS with Auren Hoffman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Word of DaaS with Auren Hoffman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This week’s World of DaaS LM Brief looks at a recent piece by Auren Hoffman, co-authored with Sushant Bhardwaj and Lily Petherick from Flex Capital, on a little-known but impactful clause in VC term sheets that can strip founders of their voting rights when they leave their company.

We cover how this “employment-tied voting rights” provision, often overlooked until it is too late, can leave founders as shareholders without a voice and why Flex Capital advocates for its removal to foster trust and protect true ownership.

Listen to this short podcast summary, powered by NotebookLM.

  continue reading

213 episodes

Artwork
iconShare
 
Manage episode 501005872 series 2973294
Content provided by Word of DaaS with Auren Hoffman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Word of DaaS with Auren Hoffman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This week’s World of DaaS LM Brief looks at a recent piece by Auren Hoffman, co-authored with Sushant Bhardwaj and Lily Petherick from Flex Capital, on a little-known but impactful clause in VC term sheets that can strip founders of their voting rights when they leave their company.

We cover how this “employment-tied voting rights” provision, often overlooked until it is too late, can leave founders as shareholders without a voice and why Flex Capital advocates for its removal to foster trust and protect true ownership.

Listen to this short podcast summary, powered by NotebookLM.

  continue reading

213 episodes

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