In this episode, we’ll explore the final stage of a startup journey.
What you’ll learn in this episode of Venture Deals book summary:
- What a Letter of Intent (LOI) really means and why exclusivity can be risky.
- The difference between asset deals and stock deals, and why structure matters.
- How Employee Stock Options Are Affected in Acquisitions.
- Critical clauses like escrow, representations and warranties, and no-shop agreements.
- Break-up fees and the role of shareholder representatives in protecting the deal.
This episode will equip you with the knowledge to navigate the exit process, protect your team, and maximize your take-home benefits.