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. Investors may provide money in stages or tranches, based on defined milestones, to decrease investment risk. However, there is no set pattern of terms an entrepreneur might be able to anticipate from either. Anti-dilution protection.
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