X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Reggie Davis, Docusign general counselReggie Davis, Docusign general counsel (Jason Doiy / Jason Doiy)

Reggie Davis, general counsel for DocuSign Inc., helped the company secure a hefty Series F financing that nearly doubled its valuation to $3 billion and paved the way for global expansion. The company initially secured $233 million with investment leads Brookside Capital and Bain Capital Ventures and later, additional investors Dell, Intel Corp. Deutsche Telekom and several individual investors would push the financing above $300 million. Davis, a veteran from Yahoo Inc. and Zynga Inc., acknowledges that a Series F can be easy. But Davis said the company had matured and changed enough to warrant changes to the old terms and conditions.

What infrastructure did you need in place to make this deal happen? We had a data room that people could access and that we were tracking. We had great support from Cooley. They’ve got a senior associate named Carlton Fleming. Carlton is just a superstar for us—works really hard, does a great job. We’ve got two partners, Eric Jensen and David Peinsipp who do a lot of the work for us. Both of those guys are super strong. They worked with me at Zynga before I came over, and they took us public at Zynga, and I got very comfortable working with those guys. The combination of Carlton and [associate general counsel] Yanira [Wong] and support from Cooley really was key for us.

You’re one of the few general counsel who has highlighted an associate by name. Do you have that relationship with other outside counsel? Yeah. I used to manage litigation at Yahoo, and that was probably the pinnacle for me, in terms of working with outside counsel, because anywhere you could open up a laptop, you could potentially get sued. I ended up having to meet a lot of counsel, and often times when I was doing diligence on counsel, I would say, “You know, I don’t want to just meet the two partners who are going to be very effective at telling me how good their firm is and they’ll probably have pretty impressive records. Help me meet some of your associates, too.” I always wanted to meet the associates, and I’ve always been very comfortable at picking up the phone and calling an associate.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.