Startup Professionals Musings

JULY 11, 2021

Angel and venture capital money always comes with ownership and management implications, starting with the obvious ones outlined in the term sheet for the deal. Investors will expect at least one seat on the board, and expect a board report from you each month on key items.

Term Sheet 433

Term Sheet Advisory Board Liquidation Preference Startup 433

YoungUpstarts

JUNE 17, 2013

Understand a term sheet. Build an advisory board. Command a board room. Build Links. Conduct customer interviews. Segment a market. Recruit and Train. Train an intern. Hire A Players. Replace B Players. Cold call C level executives. Write a novel. Raise Money. Tell an investor they’ve lost all their money.

Advisory Board 279

Advisory Board Balance Sheet Term Sheet Entrepreneur 279

David Teten

JANUARY 19, 2021

Womble Bond Dickinson has released a white paper on Performance Aligned Stock and a term sheet on ImpactTerms.org. . (If That said, John Berger observes, “I can easily make a low-risk, debt-like Flexible VC deal, or a high-risk equity-like deal, and I can do it using the same term sheet with different terms.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Startup Professionals Musings

FEBRUARY 3, 2018

Angel and venture capital money always comes with ownership and management implications, starting with the obvious ones outlined in the term sheet for the deal. Investors will expect at least one seat on the board, and expect a board report from you each month on key items.

Term Sheet 140

Term Sheet Advisory Board Liquidation Preference Portfolio 140

Startup Professionals Musings

JULY 3, 2014

Angel and venture capital money always comes with strings attached, starting with the obvious ones outlined in the term sheet for the deal. As an early-stage startup, you may have some hand-picked mentors as an Advisory Board, but now you need a formal Board with approval rights on all your strategic decisions and pivots.

Term Sheet 237

Term Sheet Advisory Board Liquidation Preference Startup 237

Startup Professionals Musings

AUGUST 16, 2015

Angel and venture capital money always comes with ownership and management implications, starting with the obvious ones outlined in the term sheet for the deal. Investors will expect at least one seat on the board, and expect a board report from you each month on key items.

Term Sheet 120

Term Sheet Advisory Board Liquidation Preference Angel Investor 120

Feld Thoughts

FEBRUARY 28, 2023

This third body is often referred to as an advisory board (Beirat), sometimes also as a supervisory board (Aufsichtsrat). Samples: The samples in the Annex of the German edition, i.e., the Term Sheet and the Letter of Intent, are essentially based on the samples of the U.S. Both samples are bilingual.

Germany 165

Germany Liquidation Preference Option Pool Advisory Board 165