After the VC Term Sheet is Signed – It’s Not Over Yet
Genuine VC
OCTOBER 2, 2012
At this point, entrepreneurs know who they’re going to be working with and along what structure, but the deal isn’t done yet… including wiring of the funds! It turns out it was literally the wrong guy, yet same name / different person, and the entrepreneur was asked to sign an affidavit maintaining it wasn’t him.
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