Not all money helps a growing company. Good investors back your vision and culture; bad money comes with terms that can oust you or strip your control. Smart contracts and the right legal advisors protect what you've built.
Chapters
And sometimes not all money that you bring into your organization is good money to bring in. And so we've been trying to transform the conversation with a lot of private equity guys saying, you know, I love that somebody said, hey, you know, oh, I, because they signed, you know, they invested in you because of you and because of who you are and they like you as a leader. If they want to sell at the highest multiple, they need to protect the culture that you've created and the people who built that company and understand the nuances. There's some money you don't want, and it sounds like you're getting calls from people who are representing some of those people. So that's part of your contractual— I mean, we have an attorney on our team and that's what he focuses on, right? It's like, hey, let's make sure when you go for money or when you're building your company, one, that you have the right people around you, but two, you have the right contract. When you go to negotiate here so you're not ousted in a year with nothing but a seat on the board.