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New Plain Preferred Term Sheet

www.founderinstitute.com

He has been actively involved in merger, acquisition and disposition transactions with a combined value of over $1 billion, and financing/investment transactions and securities offerings worth over $600 million. Single trigger vesting , which allows founders to vest all of their equity and make money in an exit.

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Tianyi Joe Zhu, Entrepreneur and Startup Advocate

The Startup Magazine

The press release lays out Joe Zhu’s business accomplishments, but we at the magazine have seen firsthand Joe Zhu’s work behind the scenes helping struggling startups with advice and counsel on both business strategy and funding, even when he has no vested interest.

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Founder's Dilemmas: Equity Splits

www.startuplessonslearned.com

When the remaining cofounders were about to close their first round of financing, their potential funder, Mayfield, was not willing to close until Kaleil and Tom bought Chieh out and reclaimed his equity. Open Innovation in DC. The VCs were willing to do a $410,000 “sweetheart deal” to facilitate the buyout. .”

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The Option Pool Shuffle

venturehacks.com

Reading on, the term sheet states, “The $8 million pre-money valuation includes an option pool equal to 20% of the post-financing fully diluted capitalization.&# Third, if you sell the company before the Series B, all un-issued and un-vested options will be cancelled. This can be done on any financing or M&A event.