Capital Formation
How private capital raises are structured, documented and closed, written as textbook explainers rather than pitches.
- 6 min
How a private capital raise is structured, start to finish
A textbook walk through the apparatus underneath a private placement: the decisions, the documents, the sequence and the record, written for founders and operators seeing it for the first time.
- 6 min
Rule 506(b) versus 506(c), explained plainly
The two halves of Rule 506 of Regulation D compared on the four things that actually differ: who may buy, how the issuer may find them, what has to be verified, and what the choice costs.
- 6 min
What investor relations actually does after the money closes
The job most people think ends at the closing is where it starts: a reporting cadence, a record of promises, a channel for questions, and a memory that carries from one round to the next.
- 5 min
The CFO seat at an early stage company
What the finance chief actually owns before there is a finance department: the books and controls, the cash and the banking, the reporting to owners, and the judgment about what the company can afford to promise.