Tips for Hiring a Shareholder Rep
Speaker 1 (00:02):
Hello, my name's Jason Mendelson and I am a former lawyer, software engineer, multi-company starter, venture capitalist, and I've been involved in mergers and acquisitions for the last 22 years of my life.
Speaker 1 (00:17):
Ask your potential shareholder rep: so when something happens, how are you going to solve my problem? Not how you're going to manage the problem. How are you going to solve it for me? Do you have people on staff who can do all these things? Do you have expertise greater than everybody else in the market? What type of things have you done? What things have you solved? Those are the questions you should be asking. Yeah, the relationship is going to last somewhere between two to seven years. By the way, long time. Are they going to be here in two to seven years? Are the principals who are important to the organization going to be there in two or seven years? Ask these questions. This is what matters.