Built to Sell Radio cover image

Ep 309 Built to Sell Intel - The Biggest Mistake Co-Founders Make, and 3 Other Lessons

Built to Sell Radio

00:00

The Difference Between a Shotgun Agreement and an Operating Agreement

i'm not a lawyer, so seek the advice of one. But he does really nice job of talking about the difference between a shotgun agreement and an operating agreement. The shotgun agreement is a legal clause that's triggered when you're at a point where you want to buy out or be bought out. It may include a shotgun clause as part of an operating agreement, but the two things are not the same thing. Thatwas a great speec ther n. I don't know, some association out there. Carpets of america. You could have used that pitch of like, you're going to get sick. Your kids are going to getting sick. They're school.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner