All White Papers
Esports Team Contemplating Management Buyout
Background While growth in Esports has been rapid over recent years, this growth can often result in the need for...
Athletic Apparel Company Looks to Expand into Esports and Gaming with NewCo Initiative
Background As a result of the rapid growth of the Esports and gaming industries, a number of companies are looking...
Fiduciary Risks for Venture Directors in Financings and Sales
Two decisions by the Delaware Court of Chancery highlight the risks of certain types of financing and sale transactions at...
Valuation for Corporate Spin-Offs
Companies use spin-offs for a lot of reasons: to enhance shareholder value, to move a new technology into a better...
How Changes in Regulation Have Driven Stock Option Prices
If you are an executive or a director of a private company, then you probably have heard about IRC 409A.[1] ...
Acquirer Challenges Early IRC 409A Report
A venture backed company received an attractive acquisition offer from a well known Silicon Valley acquirer. But partway through the...
Complex Securities Demand Sophisticated Valuation Techniques
A venture backed company had several series of redeemable preferred stock in its capitalization, plus some warrants exercisable into those...
Merger of Two Private Companies Enabled by Independent Valuations
A venture capital firm with investments in two companies believed that it made sense to merge them. But, the firm...
Revised Valuation Allows Completion of IPO
Because of SEC questions about stock option grants made in the year before an IPO filing, a Silicon Valley company...