Conversion Delaware Naming Term Sheet 
YoungUpstarts
OCTOBER 28, 2015
Investors typically negotiate from a term sheet, which if not handled properly can create problems that can hurt or kill the startup’s chances when they do their Series A round of funding. a SAFE or KISS) provide a much simpler transaction with less terms to negotiate. Debt or convertible securities (e.g., If high U.S.
Both Sides of the Table
JANUARY 21, 2010
You never got around to agreeing exact equity splits but you had many conversations about it. Founded it as a California LLC but your potential VC wants a Delaware C-Corp? He was the first guy that I saw demystify the legal terms in his term sheet series. Shame about that pesky FAS 157 ruling. And Brad Feld.
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