ProfessorVC: Negotiating an Angel Deal in your PJ's
Professor VC
APRIL 1, 2010
I had a discussi on with another angel investor a few months ago and he was bragging about the deal he just struck that included a 3X participating liquidation preference. This will both reduce the number of angel investors and make it more difficult to syndicate across stage lines. The old Keep It Simple Stupid Principle.
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