Keep Term Sheets Simple for Quicker Cash to Spend
Startup Professionals Musings
JANUARY 27, 2012
When a company is at its earliest seed stage, the terms tend to be the least complex. Based on my experience, and the book “ Attracting Capital from Angels ” by Brian Hill and Dee Powers, here are some key clauses that any investors expect on the first term sheet for the investment you need: Set the price. Seat on the board.
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