Want to Know How VC’s Calculate Valuation Differently from Founders?
Both Sides of the Table
JULY 22, 2010
Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. This states how the proceeds from a sale or dissolution of the company will be distributed. It was accept the terms or go into bankruptcy so we took the money. This is a shame.
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