Navigating Challenges in Distressed Companies w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics
About this episode
Todays show: Wilson Sonsini Partner Becki DeGraw joins Jason on the latest edition of Startup Legal Basics! In this episode, they break down challenges in distressed companies(1:04), pay-to-play scenarios (2:31), the importance of a market check in financing (9:25), and high-profile legal and ethical issues (18:03). Timestamps: (00:00) Wilson Sonsini partner Becki DeGraw joins Jason (1:04) Distressed companies and VCs leaving the board; Challenges in distressed companies (2:31) Insider-led down rounds and pay-to-play scenarios (7:07) Legal actions and stockholder lawsuits in successful tur…