Remove Founder Vesting Remove Naming Remove Reputation
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After the VC Term Sheet is Signed – It’s Not Over Yet

Genuine VC

Founder vesting is the most common example. As an extreme but real example, once a standard background check which was run on the startup’s CEO reported that someone with his exact name from his exact town was a felon convicted of embezzlement. Lawyers going back and forth on minute/inconsequential details, of course.