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Podcast: This Week in Startups
Episode: Navigating Challenges in Distressed Companies with Becki DeGraw | Wilson Sonsini Startup Legal Basics
Description: Todays show:
Wilson Sonsini Partner Becki DeGraw joins Jason on the latest edition of Startup Legal Basics! In this episode, they break down challenges in distressed companies(1:04), pay-to-play scenarios (2:31), the importance of a market check in financing (9:25), and high-profile legal and ethical issues (18:03).
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Timestamps:
(00:00) Wilson Sonsini partner Becki DeGraw joins Jason
(1:04) Distressed companies and VCs leaving the board; Challenges in distressed companies
(2:31) Insider-led down rounds and pay-to-play scenarios
(7:07) Legal actions and stockholder lawsuits in successful turnarounds
(9:25) The importance of a market check in financing; Voting...