Caine Moss
Caine Moss is a corporate and securities partner at Wilson Sonsini Goodrich & Rosati. He works with software, telecommunications, life sciences and Internet companies through all stages of their growth. In addition, Moss has broad transactional experience, particularly in the areas of venture capital, public and private mergers and acquisitions, and representation of issuers and investment bankers in public equity offerings.
Recent Posts
Seed is the new Series A for VCs
It shouldn’t come as a surprise to anyone that VCs have, over the past few quarters, been reluctant to put term sheets down on new investments. Most venture folks have instead been preoccupied with tending to their portfolio companies, either ensuring that their most promising companies have enough capital and resources to weather the downturn, or trying to sell off the others.
The statistics bear this out. U.S. venture-backed companies raised $9.28 billion in the… Continue Reading
VCs are turning the screws with financing terms
Deal terms in venture financing transactions have changed as a result of the recent economic downturn. As capital has become scarce for many start-ups and investors are increasingly skittish, terms have shifted markedly toward the investor-favorable end of the spectrum.
The venture fundraising process is now considerably longer, with more due diligence cycles and less urgency for prospective investors to commit capital. And when investors do commit to a funding round, it is often at lower… Continue Reading