Silicon Valley HBO Series

20 thoughts
last posted June 24, 2016, 12:55 p.m.

18 later thoughts

0

I found elements of the meeting with Peter Gregory in episode 2 regarding the cap table pretty relatable. I remember when I was looking for funding for my first company, a then friend of mine had offered to introduce me to a VC friend of his in return for a 5% equity stake if something came of the meeting. I told him that while I appreciated the offer, if that were to happen, any subsequent business dealings for funding or M&A would prompt a review of the cap table at which time I'd have to justify why setting up a meeting with a VC resulted in my giving up 5% of the company. It wouldn't look like a sound business decision on my part. I even mentioned that his VC friend would probably look at me like I was high if I were to tell him about such an arrangement. I told him I was sure we could work something more reasonable out if a deal were to happen as a result of his introduction, but he didn't like that. We haven't spoken since.

1 earlier thought