For Entrepreneurs

Author's Note: The opinions put forth on this site are merely opinion and assuredly are not suited to all situations.

Articles

Venture Capital Structures

Understanding pre-money vs post, liquidation preferences, participating preferred, anti-dilution clauses, expected IRR returns, and other VC issues.

Thinking About Mergers: An Overview for Founders of Technology Startups
     Sample Due Diligence Checklist

Author's Note: I wrote this article years ago, after selling my own startup and presenting my experiences to a roundtable of entrepreneurs in New York. It is from the perspective of an entrepreneur speaking to his peers. Maybe one of these days, I'll put forth a more sophisticated treatise on M&A from my (more comprehensive) experiences as an investment banker, but for now I'm leaving this up for sentimental value.

Living in New York City, Giff Constable is currently an investment banker with Broadview, a Division of Jefferies, working with companies in enterprise software, IT services and BPO. In his entrepreneurial life, he served as Vice President of Business Development for Opus360 Corporation (New York, NY), a 350-person software company, where he focused on partnerships, strategic direction, and product design. Prior to Opus360, Mr. Constable was CEO and co-founder of Ithority Corporation (San Francisco, CA), which was acquired by Opus360. He has worked for VC-backed enterprise software startups, Envive Corporation (Mountain View, CA) and Trilogy Software (Austin, TX), in marketing and sales. Mr. Constable received a B.A. from Princeton University.

Giff Constable can be reached at theeditor - at - constable.net