Legal 123s with ByrdAdatto (Episode 8- Unicorn Life – Jump on the Silicon Valley Fundraising Merry-Go-Round)
In the upside down world of tech startups, every company aims to be a unicorn – a company holding valuation of over 1 billion with no traditional financials to justify it. In this episode, partner Jim Stanford joins Michael Byrd and Brad Adatto to share the story of a wannabe-unicorn tech startup who sought to change the world of telemedicine. Unfortunately this group was stuck in the fundraising merry-go-round, raising capital only to quickly burn through it. Listen to this episode as we share key takeaways for startups seeking to raise money while minimizing risks and potential lawsuits.
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