AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
Navigating Challenges in Distressed Companies with Becki DeGraw | Wilson Sonsini Startup Legal Basics
This Week in Startups
Document the Rejections to Strengthen Your Case
Thorough documentation of investor conversations is crucial during fundraising efforts. When approaching potential investors, it’s important to keep a record of all interactions, especially when rejection is encountered. Tracking each step—from initial contact to follow-up meetings and final decisions—provides a clear narrative of the fundraising journey. This transparency can demonstrate to stakeholders that an attempted fundraising was a true last resort, reinforcing the challenges faced. Such documentation helps to counter perceptions of self-dealing and justifies the terms of any resulting financial agreements, even if they seem punitive. Ultimately, maintaining detailed records not only legitimizes the fundraising process but also assists in future discussions and decisions.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode