The term-sheet tag has no wiki summary.
4
votes
2answers
200 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 ...
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 ...
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 ...
0
votes
1answer
63 views
Meaning of Automatic Conversion in Series AA TermSheet
There is a clause Automatic Converstion in Series AA termsheet of Y-Combinator which says
Each share of Preferred will automatically convert into common stock,
at the then applicable conversion ...
0
votes
3answers
246 views
VC term-sheets: Liquidation preference + capped participation clarification
I was reading "Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist" by Brad Feld and Jason Mendelson. It's a pretty good book but some parts aren't obvious, like the one below (Chapter4)
...
