Corporate

Where the Buck Stops: an Introduction to the Board of Directors

When I was growing up, one of my father’s favorite expressions, intended to teach me accountability, was “the buck stops here”.  I think I heard about President Truman and his blasted sign at least a trillion times. In a company, the buck stops not with the CEO, but with the Board of Directors.  The Board …

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Some Useful Definitions–Stakeholders, Inside Directors and Outside (External) Directors

I’m working on a post on the Board of Directors and thought to set the stage with some useful vocabulary. Stakeholders As it relates to a company, a stakeholder is someone who has a stake, that is, an interest or a concern, in a company.  Examples of common stakeholders include: investors, who put money in …

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Template: Cap Table & Capital Structure

Sample cap table including multiple equity rounds and calculation of as issued, as converted and as issued/fully diverted capital.  Sample capital structure charts with explanations. Here as well, examples presented for as issued, as converted and as issued/fully diverted capital. Cap Table & Capital Structure