The Founder and Investor Trust Problem: It's not what you think.
This is going to be BIG.
APRIL 13, 2022
Whenever I submit a term sheet, I always caveat it by saying the following: “This is the one time we’re completely misaligned. I’m incentivized to buy up as much of the company at as low a price as possible and you’re incentivized to sell as little of the company as possible by raising the price.”. Founders seem to get that. The price negotiation process is pretty straightforward, and once a deal has been agreed upon we move on.
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