2
votes
2answers
41 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 ...
3
votes
2answers
172 views

What does anti-dilution protection mean in a term-sheet?

My question is in the context of a Term-sheet. I want to know what does anti-dilution preferences mean?
3
votes
2answers
351 views

Can you explain this angel Investment term sheet?

My startup received a Terms Sheet from an investor and my co-founder and I are trying to figure out if they are saying that they are going to want 30% of our profits at the end of every year or if ...