Remove Deal Structure Remove Early Stage Remove Finance Remove Term Sheet
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Both sides must be fair in a term sheet negotiation.

Berkonomics

A good example was during the negotiation of a term sheet. These usually involve a handful of angel investors, and a few entrepreneurs, who all want to build the very best term sheet for their exciting nascent enterprise. As an example, twenty five years ago, most VCs used common share deal structures.

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Knowledge Is Power: Convertible Note Financing Terms, Part II

Gust

Last week , we gave some attention to the “why” behind convertible note financing for early stage startups. In this installment, I’ll dig into the “how” by dissecting an example term sheet based on a real deal. As with so many subjects in law and finance, mastering the jargon is half the battle.

Finance 79
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Knowledge Is Power: Convertible Note Financing Terms, Part IV

Gust

Readers joining this series in progress may find it helpful to download the sample term sheet from my firm’s website and review the earlier posts covering the basics. Using our hypothetical numbers, assuming the notes have an 18-month term, the return would be $15,000 ( 15% ) – again nothing to write home about.

Finance 79