What Can You Do if a VC Pulls Their Term Sheet?
Both Sides of the Table
SEPTEMBER 30, 2015
What Can You Do if a VC Pulls Their Term Sheet? A term sheet is not a legally binding document. So if you’re a VC – you better have a pretty damn good reason for pulling out of deal after offering a term sheet. I was asked to answer this exact question on Quora and I did so some time ago.
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