CTO Hire Networking Term Sheet 
Both Sides of the Table
APRIL 23, 2017
But if you work your entrepreneur network, talk with lawyers who do a ton of startup deals, ask existing investors, etc. Never stop in the ink is dry on the contract and the money is in your bank account. Or ask anybody who has had a VC pull a term sheet for whatever reason. It sounds like a lot to know — and it is.
View from Seed
SEPTEMBER 4, 2018
As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”. According to First Round’s State of Startups 3 out of 4 early-stage founders (series A or earlier) say hiring is their #1 concern, but the same amount say they spend less than 20% of their time on it.
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Sophia Perl of Wisdom
NOVEMBER 9, 2010
My one feedback would be to have networking earlier in the agenda or sprinkled throughout the 6 hour agenda. Use the 10-5-3-1 formula for raising money: Have 10 great meetings with investors, 5 of those do detailed due diligience on your company, get 3 term sheets, and 1 transfer into your bank account!
Sophia Perl of Wisdom
NOVEMBER 9, 2010
My one feedback would be to have networking earlier in the agenda or sprinkled throughout the 6 hour agenda. Use the 10-5-3-1 formula for raising money: Have 10 great meetings with investors, 5 of those do detailed due diligience on your company, get 3 term sheets, and 1 transfer into your bank account!
Rob Go
SEPTEMBER 4, 2018
As seed funds have raised larger and larger funds, more have developed the muscle around issuing term sheets and “leading”. According to First Round’s State of Startups 3 out of 4 early-stage founders (series A or earlier) say hiring is their #1 concern, but the same amount say they spend less than 20% of their time on it.
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