First Round Funding Terms and Founder Vesting
Both Sides of the Table
AUGUST 17, 2009
The meme was kicked off by Chris Dixon with this post saying that term sheets need to be simplified and align investor / founder interests. Last to weigh in was Brad Feld whose blog post argues that the only 2 terms that should be negotiated are amount raised & valuation. In my first company there was no vesting in the seed round.
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