Remembering Ray Andersen, Sustainability Convert & Champion

Have a look at this inspiring video.  Ray Andersen was the CEO of Interface Carpets, the largest carpet manufacturer in the world.  It's worth a few minutes to hear his powerful analogies and the challenges he and his team faced and overcame while climbing "mount Sustainability".  He starts one of his many talks delivered

The Arithmetic of Deals

Let’s start with a few basics about how corporations work from a structure perspective, and the mechanics of investments. [Note: the same concepts apply to LLCs, but the vocabulary is different.] When you form your company, you will issue the initial shares of stock to the founding team.  For the sake of simplicity, let’s say that

Deal Structure – Purchase Option Buyback

By Frank Demmler Last week’s column may have hit a responsive chord.  I got a record number of e-mails by orders of magnitude (3 as compared to the usual 1). Nonetheless, raising money without giving up equity is a popular topic. Last week’s column started: Many first-time entrepreneurs, when discussing their fund raising needs, often close

Why Investors don’t want to Invest in your Deal

By Frank Demmler Note:  I’ve known and worked with Steve Czetli for 20 years. I am an admirer of TechyVent as an important and respected communications vehicle to the entrepreneurial/high technology/funding communities.  In a recent conversation, he and I agreed that fund raising remains a largely mysterious process for first-time entrepreneurs and angel investors.  We