Want to Know How VC’s Calculate Valuation Differently from Founders?
Both Sides of the Table
JULY 22, 2010
Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. More likely what you’ll see if you have an aggressive term sheet is “participating preferred stock. It was accept the terms or go into bankruptcy so we took the money.
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