Morrie the Toupee Salesman

From Startup Company Lawyer: “There is some risk of claims against the founders that sell (and the board) if the company never reaches a liquidity event. The other stockholders (including disgruntled employees) might argue that the company should have issued new shares to the investors and received the funds that the founder received from selling the [...]

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I see that one of my alma maters has created a “Center for Entrepreneurship.” Sometimes I wish I had never heard the E word, nor had the pleasure of being taught by Robert Blunden, often referred to as “Sideshow Bob” because of his flamboyant teaching style. He somehow was capable of making even pro-forma calculations [...]

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