Remove Business Model Remove Deal Structure Remove Management Remove Term Sheet
article thumbnail

Piercing the Corporate Veil of Sweat Equity

grasshopperherder.com

As such, you should make sure to think of the proposals as an investor and get a reasonable term sheet. While it’s flattering that someone might think I’m capable of immediately grasping all the complexities of the business instantly, it’s a bit unrealistic. You don’t have a defensible business model.