2008 Cofounder Partner Term Sheet 
Both Sides of the Table
FEBRUARY 25, 2010
We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. We ended up agreeing a term sheet for $16.5 I was resolute. You never know.
Startup Company Lawyer
MARCH 14, 2010
Founders Institute Plain Preferred Term Sheet (by WSGR – disclaimer, I represent the Founders Institute and was involved in drafting this document). This post assumes that you have a basic understanding of Series A financing terms. Co-sale rights. Dividend preference. Voting agreement.
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www.xconomy.com
JUNE 9, 2012
Sakti3 Founder Sastry to Step Down From U-M. Co-Founder and CEO, Wetpaint. Managing Director, Enterprise Partners. Founder, DEKA Research and Development Corporation. Amazingly, nobody has aggregated this data before,” says Coats, who was previously a managing partner at San Diego’s Hamilton Bioventures.
Both Sides of the Table
APRIL 3, 2010
First, if the VC does 15-20 of these under one partner then it is certain he can’t spend any time with these investments. We used the Y Combinator open source term sheet. We signed the term sheet within 48 hours and had funded in under 2 weeks. That founder wasn’t one of your angels.
Both Sides of the Table
FEBRUARY 14, 2016
When I was an entrepreneur there was no public information about how term sheets worked or how investors thought. Many experienced partners are funds have 7-10 boards and most of these will need more capital. That was written in September 2008. Many founders don’t understand why inside rounds are so difficult.
www.currentlyobsessed.com
MAY 28, 2010
I have to admit, the light bulb didn’t go off for me until I was negotiating term sheets. Read Terms that Hurt (Venture Hacks). Read up on the “unwritten terms&# in term sheets having to do with exit multiples here For bootstrappers, the math is even easier: 100% of the upside goes to you and your awesome team.
venturehacks.com
OCTOBER 21, 2010
Later that evening you review the term sheet from Blue Shirt. 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.&# Do you mean the shares go to the founders? Or we can just do 10% standard terms.
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