Submitted by mogston
from blog:
I’ve seen a number of situations recently that are something like the following. A VC firm signs a term sheet with an early stage company. Let’s say it’s a $2M round. The VC and entrepreneurs decide to set aside $500K for s (Read More)
TheFunded.com:
| 793 Chars in PrivateMy experience was that they are real easy when it comes to getting a term sheet. But the term sheet doesn't mean anything really, because they are equally good at pulling back the term sheet. (Read More)
TheFunded.com:
| Posted by The Founding MemberTheFunded has produced founder-friendly versions of every legal document necessary to launch a new startup. These documents were carefully written from scratch to keep founders in control of the (Read More)
TheFunded.com:
| Posted by Scribb | Fund Rated 3.6One of the best experiences I've had pitching to any VC. I pitched to Carl, and other than not getting a great term sheet, I can't fault him on any of the usual things we all gripe about wit (Read More)
Submitted by magitam
from Google Reader:
On Monday, Bank of America announced that it has agreed to a deal with the United States federal government to terminate its term sheet agreement. To terminate the agreement, Bank of America will pay $425 million. The money w (Read More)
TheFunded.com:
| Posted by The Founding MemberTheFunded Founder Institute has just released a new "Plain Preferred" term sheet with support of the blogosphere.An established entrepreneur, Chris Dixon, posted about an ideal term sheet for fi (Read More)
TheFunded.com:
| Fund Rated 1.4 | 190 Chars in PrivateWe pitched Pappas in my currently company several rounds of funding ago. They were very enthusiastic, and expressed a desire to take a lead role. We flew to NC to talk to them, due dil (Read More)
TheFunded.com:
| Posted by CEO for a while | 524 Chars in PrivateGuys and Gals,I'd like to recommend that we entrepreneurs band together to stop an inexcusable practice among VCs. I've done a few startups, sold a few companies, bought a few (Read More)