Liquidation Preference

Control provisions in a term sheet leave a powerful impression on your startup just like a Lambic imparts strong flavors on your pallet. In this episode we cover four control terms that all founders …

There are many economic provisions in a term sheet. However, just like special release beers, some are more important than others. In this episode we cover three economic terms that all founders need…

With the changing of the seasons comes an inflated desire for the rich flavors of an Oktoberfest. This is no different than the increased anticipation most founders feel to get a term sheet for their…

Accelerators can propel your startup to that next level just like a good coffee beer can give you the energy you need to finish out your day. While not necessary for every company, those that join th…

For many, the seed round is hazy like a wheat beer. Should I sell preferred stock? Why shouldn’t I sell common stock? What does this process look like? What are these rights my investor wants? In thi…

Raising a Seed Round for your startup is sweeter than mead. But was does it entail? In this discussion we cover the basics for this round of investor financing, the more popular instruments used for …

In my practice, I often have to clear up quite a few misconceptions when it comes to raising money for a startup. Just like that first sip of a sour ale, learning that you have been thinking, approac…

Every entrepreneur needs a mentor, and every startup needs advisors. Making the right choice is like selecting any good India Pale Ale; powerful and enjoyable. While you can find many out there to fi…

The business formation process demands that specific steps be taken. Just like every get-together needs good friends and a light lager, every startup needs a straightforward layout and specific agree…

When it comes to starting a business, you want to get it right from the beginning. Like a good stout beer, forming your company correctly provides you a strong base to build upon. In this discussion …

Hosted by Fort Worth-based startup attorney Andrew Kussmaul, Liquidation Preference is the podcast that discusses everything founders need to know about startup law and venture capital over a beverag…