Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics

2025-09-04 · 23 min · 15 entities

episode page audio

Asserted relationships

→ references twistartups.substack.com website

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evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://twistartups.substack.com/
→ appeared on This Week in Startups podcast

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evidence rules-v5
Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics
→ hosted by Jason Calacanis person

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Feed author/publisher: Jason Calacanis
→ discusses Technology company

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evidence rules-v5
Feed category: Technology
→ references ThisWeekIn website

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evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://youtube.com/thisweekin
→ references @Thisweekinstartups website

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evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://tiktok.com/@thisweekinstartups
→ references wsgr.com website

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evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://wsgr.com/

Entities found in this episode

websites 8

mentioned twistartups.substack.com website

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evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://twistartups.substack.com/
references twistartups.substack.com website

0.77

evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://twistartups.substack.com/
mentioned ThisWeekIn website

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evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://youtube.com/thisweekin
mentioned @Thisweekinstartups website

0.45

evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://tiktok.com/@thisweekinstartups
mentioned wsgr.com website

0.45

evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://wsgr.com/
references ThisWeekIn website

0.38

evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://youtube.com/thisweekin
references @Thisweekinstartups website

0.38

evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://tiktok.com/@thisweekinstartups
references wsgr.com website

0.38

evidence rules-v5
Link in episode "Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics": https://wsgr.com/

persons 3

mentioned Becki De person

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Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics
mentioned Jason Calacanis person

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evidence rules-v5
Feed author/publisher: Jason Calacanis
hosted by Jason Calacanis person

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evidence rules-v5
Feed author/publisher: Jason Calacanis

companys 2

mentioned Technology company

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evidence rules-v5
Feed category: Technology
discusses Technology company

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evidence rules-v5
Feed category: Technology

podcasts 1

appeared on This Week in Startups podcast

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evidence rules-v5
Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics

concepts 1

mentioned Wilson Sonsini Startup Legal Basics concept

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evidence rules-v5
Creative Structures w/ Becki DeGraw | Wilson Sonsini Startup Legal Basics

Episode description as stored

Today's show:Wilson Sonsini Partner Becki DeGraw returns to Startup Legal Basics with Jason. This time, they dive into the "have" companies — the breakout startups with multiple term sheets, competitive valuations, and unusual deal terms. From founder voting proxies to mandatory follow-on investment clauses, Becki breaks down the creative "off-menu" structures showing up in today's financings, and what founders and investors need to watch for. Whether you're a founder navigating investor FOMO or a VC competing to get on the best cap tables, this conversation will give you insight into the new rules of the game. * Timestamps: (0:00) Jason welcomes Becki back to Startup Legal Basics (0:32) The "haves" vs. "have-nots" in today's startup market (1:28) Creative legal structures: the "off-menu" items (4:19) Travis' Uber favor & modern founder asks (7:05) Rise of secondaries & unusual board structures (11:22) Mandatory follow-on investment clauses in seed rounds? (14:13) Crypto's resurgence and legal implications (15:55) The decline of proper diligence in hot deals * Check Out Wilson Sonsini: https://www.wsgr.com Check out all of the Startup Basics episodes here: https://thisweekinstartups.com/basics * Follow Becki:LinkedIn: https://www.linkedin.com/in/rebecca-degraw-639bbb62/ * Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com