CrowdCheck Blog

Startup and early stage companies frequently change their product, selling strategy, or business plan to adapt, when their prior actions are not leading to profits or a scalable business.  These "pivots" may revamp the company into something very different than what was originally presented to investors.  Investors must bear in mind that these changes happen, but consider whether the entrepreneur gave sufficient warning about the possibility of a change in plans.

Startup and early stage companies frequently change their product, selling strategy, or business plan to adapt, when their prior actions are not leading to profits or a scalable business.  These "pivots" may revamp the company into something very different than what was originally presented to investors.  Investors must bear in mind that these changes happen, but consider whether the entrepreneur gave sufficient warning about the possibility of a change in plans.

The ultimate owners of a company. Any person, company, or other institution that owns a least one share in a company is a shareholder. The term is often used interchangeably with stockholder.

The ultimate owners of a company. Any person, company, or other institution that owns a least one share in a company is a shareholder. The term is often used interchangeably with stockholder.

Executives of the company who develop and implement high-level strategy and manage the day to day affairs of the company. Officers are appointed by the directors. Common officer roles include Chief Executive Officer, Chief Financial Officer, and Chief Operating Officer.

Executives of the company who develop and implement high-level strategy and manage the day to day affairs of the company. Officers are appointed by the directors. Common officer roles include Chief Executive Officer, Chief Financial Officer, and Chief Operating Officer.

Property that results from original creative thought. Intellectual property protected under U.S. law include patents, trademarks, and copyrighted material.

Property that results from original creative thought. Intellectual property protected under U.S. law include patents, trademarks, and copyrighted material.

Individuals elected to represent shareholders of a company. Directors establish corporate management related policies and make decisions on major company issues such as the hiring and firing or officers, and dividend payments to shareholders. Directors owe the company the fiduciary duties of care and loyalty. This means that directors must act in the best interests of the company, refrain from self-dealing, and make decisions on an informed basis.

Individuals elected to represent shareholders of a company. Directors establish corporate management related policies and make decisions on major company issues such as the hiring and firing or officers, and dividend payments to shareholders. Directors owe the company the fiduciary duties of care and loyalty. This means that directors must act in the best interests of the company, refrain from self-dealing, and make decisions on an informed basis.