Podcast
Questions and Answers
Which of the following is a benefit of obtaining a bank loan for startups?
Which of the following is a benefit of obtaining a bank loan for startups?
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What is invoice factoring?
What is invoice factoring?
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What type of companies are MRR lines of credit primarily for?
What type of companies are MRR lines of credit primarily for?
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What should startups consider before seeking debt financing?
What should startups consider before seeking debt financing?
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Which of the following is NOT a common legal challenge faced by startup founders?
Which of the following is NOT a common legal challenge faced by startup founders?
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What is one of the services offered by CGL?
What is one of the services offered by CGL?
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What is the purpose of the disclaimer in the text?
What is the purpose of the disclaimer in the text?
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What is a key advantage of CGL's fully-distributed model?
What is a key advantage of CGL's fully-distributed model?
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Which type of financing relies on private investors who pay funds into a startup in exchange for equity?
Which type of financing relies on private investors who pay funds into a startup in exchange for equity?
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What is one benefit of VC investment?
What is one benefit of VC investment?
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Why is VC financing accessible for early-stage companies?
Why is VC financing accessible for early-stage companies?
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What is one drawback of VC financing?
What is one drawback of VC financing?
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Which of the following is a drawback of debt financing for startups?
Which of the following is a drawback of debt financing for startups?
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What is a major benefit of convertible notes as a type of debt financing?
What is a major benefit of convertible notes as a type of debt financing?
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What is a key difference between SAFEs and convertible notes?
What is a key difference between SAFEs and convertible notes?
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Why do banks tend to be hesitant to provide traditional debt financing to startups?
Why do banks tend to be hesitant to provide traditional debt financing to startups?
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Which entity structure is preferred by investors for startups seeking VC or angel investor funding?
Which entity structure is preferred by investors for startups seeking VC or angel investor funding?
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Which entity structure provides limited liability and allows owners to take on debt and other legal obligations, while shielding their personal assets?
Which entity structure provides limited liability and allows owners to take on debt and other legal obligations, while shielding their personal assets?
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Which entity structure is subject to double taxation, meaning founders need to pay taxation at the company level and again as personal income when company revenue is paid to them?
Which entity structure is subject to double taxation, meaning founders need to pay taxation at the company level and again as personal income when company revenue is paid to them?
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Which entity structure is commonly chosen by accounting, tax, and law firms, as well as manufacturers like Pepsi-Cola, Nike, and IBM?
Which entity structure is commonly chosen by accounting, tax, and law firms, as well as manufacturers like Pepsi-Cola, Nike, and IBM?
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Under federal taxation law, what requirements must a corporation meet to qualify for S-Corp status?
Under federal taxation law, what requirements must a corporation meet to qualify for S-Corp status?
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What is the purpose of a Benefit Corporation?
What is the purpose of a Benefit Corporation?
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What are the benefits of B-Corp status?
What are the benefits of B-Corp status?
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What are the benefits of debt financing for startup founders?
What are the benefits of debt financing for startup founders?
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Which type of investors may want to interfere in day-to-day management of a startup?
Which type of investors may want to interfere in day-to-day management of a startup?
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What is a potential risk for founders when receiving a terms sheet from an investor?
What is a potential risk for founders when receiving a terms sheet from an investor?
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What is the cost of equity compared to debt?
What is the cost of equity compared to debt?
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What is a potential solution to mitigate the risk of founders not understanding the terms sheet?
What is a potential solution to mitigate the risk of founders not understanding the terms sheet?
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Who should founders partner with to understand the terms sheet?
Who should founders partner with to understand the terms sheet?
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What is a potential downside of ceding too much equity to investors?
What is a potential downside of ceding too much equity to investors?
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