The playbook of corporate control
Long-form analysis on M&A battles, governance moves, and the mechanics founders and boards use to keep or gain control.
Featured
Founder Equity Dilution Explained (from someone who's stared at the cap table at 2 a.m.)
Down rounds and recaps are back. How to keep control when capital gets expensive, plus a founder-eye walkthrough of almost losing the vote in a 'structured bridge' special.
What Is a Hostile Takeover? A Founder's Guide (with a scar-story)
Hostile bids are back. How modern raiders move, the defenses boards can actually use, and a founder's-eye walkthrough of surviving a takeover attempt—nerves, jokes, and all.
All articles
Founder Equity Dilution Explained (from someone who's stared at the cap table at 2 a.m.)
Down rounds and recaps are back. How to keep control when capital gets expensive, plus a founder-eye walkthrough of almost losing the vote in a 'structured bridge' special.
What Is a Hostile Takeover? A Founder's Guide (with a scar-story)
Hostile bids are back. How modern raiders move, the defenses boards can actually use, and a founder's-eye walkthrough of surviving a takeover attempt—nerves, jokes, and all.