As a founder, you should ask yourself, “What is the final, desired outcome of my company?”
Founded in 1636, Providence is one of the oldest cities in the USA and the third-largest city in New England.
Many founders don’t consider this one until it’s too late. The excitement and adrenaline of getting started leads to a “kumbaya atmosphere” where all things are equal. This spills over into salaries. Sooner or later, the amount of time, effort and energy expended by the partners is no longer equal, but their salaries are. Tensions begin to rise.
As the hub of the Mid-Michigan region, Lansing is an important city for the Michigan’s government, economy, and culture.
The capitalization table (cap table) summarizes who owns what part of the company before and after financing. It is one of the most important elements of the term sheet because it outlines the complete transaction succinctly using concrete numbers.
Des Moines is home to numerous major insurance headquarters and a bustling tech hotspot for businesses.