Tagged Questions

2
votes
1answer
30 views

Term sheet condition to use the investors law firm?

Our company has just received a term sheet for a convertible debt investment. One of the clauses states that we have to pay the fees for drafting the agreements (which I understand is normal), but ...
4
votes
2answers
197 views

Consequences with investors if company doesn't meet agreed milestones

I have a few questions about promised milestones to investors. Is it common to include very specific milestones in the term sheet? What are the consequences if you fail to meet them? Losing Board ...