Time is the Enemy of All Deals
Both Sides of the Table
FEBRUARY 25, 2010
When I was raising money for my first company we had closed a seed round in 1999 and were working on our A round. We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. It was December 1999. We moved into the legal process and final due diligence in January and February of 2000.
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