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Podcast: This Week in Startups
Episode: Understanding Secondary Market Transactions with Becki DeGraw | Wilson Sonsini Startup Legal Basics
Description: Today’s show:
Wilson Sonsini Partner Becki DeGraw joins Jason to kick off another series of Startup Legal Basics! In this episode, they break down secondary market transactions, including the evolution of secondaries (00:50), trends in the industry (3:16), critical aspects of Qualified Small Business (QSBS) stock(20:06), and much more!
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Time stamps:
(00:00) Wilson Sonsini Partner Becki DeGraw joins Jason
(00:50) The increased use of secondary markets
(3:16) How companies staying private longer influenced the rise in secondaries
(4:25) Determining how much founders should be allowed to sell
(6:21) Spending more than a company is worth
(9:26) The Pari-Passu co...