Want to Know How VC’s Calculate Valuation Differently from Founders?
Both Sides of the Table
JULY 22, 2010
Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. Term Sheet Overview : The second most important economic term in the term sheet other than price is “liquidation preference.&# Those were the dog days of entrepreneurship.
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