A warrant is a right to buy a share. Sometimes people will give it to a consultant, hey, we'll give you a thousand, u ten thousand dollars in warrants. And then when the sale does happen, those people execute their warrants and al asend n say, wait a second. I thought i was going to make five million dollars on this. Itslike note, you're only making four point five because executed their warrants and they own ten % more of the company. So if your a sophisticated founder, should do sort of establish a little baby pool of them,. It's not like an employ stock option pool. We re not o gal for thel, but like a mental
On today's episode of VC Sunday School, Molly asks Jason about taking the leap on valuation (2:10) and best practices for strategic retreats (11:41). Then, Molly speaks with Meiling Gao and David Lu of Clarity Movement, to talk about their hardware for measuring air quality (33:25).
(0:00) Jason and Molly intro today’s show!
(2:10) VCSS: Taking the leap on valuation
(10:28) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist
(11:41) VCSS: strategic retreats
(27:44) Microacquire - Sell your business with no fees at https://try.microacquire.com/twist
(29:01) VCSS Bonus Round: Does age matter in founders?
(32:15) Molly tees up This Week in Climate Startups
(33:25) TWiCS: David Lu + Meiling Gao of Clarity Movement
(38:00) Brave - download Brave today at https://brave.com/twist to browse faster, search privately and so much more.
(39:17) TWiCS: More on Clarity Movement’s air pollution measurement hardware
(57:49) Outro + Plugs