Term Sheet Pains
Though it from the perspective of a VC, many Angels may feel these same pains when trying to scrap together a term sheet.
I’m wrapping up a term sheet with a US VC for a deal with are both looking at. I’ve been surprised at a few things that see a bit, well, not so cool side. At the risk of every US VC never working with me again, I’ll offer up some observations on some of this stuff.
Expenses
90 day exclusivity
Founders Buy Back
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Evan Bartlett :: Sep.28.2006
Angel Investor, Resources
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