Reputation Syndication Term Sheet 
Genuine VC
OCTOBER 2, 2012
After completing a long process identifying the right venture firms to pitch, running an exhaustive fundraising process, finding a mutual fit, and successfully negotiating terms… at last, the term sheet is signed. The two- to six- week time between the signing of the term sheet and closing is “venture limbo.”
www.paulgraham.com
APRIL 28, 2010
Some angel investors join together in syndicates. One of the dangers of taking investment from individual angels,rather than through an angel group or investment firm, is that theyhave less reputation to protect. 5 ] Another danger of less known firms is that, like angels, they haveless reputation to protect.
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Both Sides of the Table
APRIL 3, 2010
I believe these VC funds have suffered some amount of reputation fall out. We used the Y Combinator open source term sheet. We signed the term sheet within 48 hours and had funded in under 2 weeks. Great reputation. If you accept my terms you’re done. They elected to sign my term sheet.
David Teten
SEPTEMBER 6, 2015
Others follow independent financial lead investors and most require that independent investors be part of the syndicate. Protecting one’s reputation is incredibly important for any investor, whether independent or corporate. This sector has come a long way and matured a lot. .
Agile VC
FEBRUARY 28, 2012
Entrepreneurs can sink a lot of time into fundraising discussions that go nowhere or end with actual term sheets but ones they’re not prepared to accept (firms you don’t want to work with, terms you don’t like, etc). My perspective is basically to make an informed decision on a case-by-case basis.
Scott Edward Walker
NOVEMBER 26, 2017
From a practical perspective, this means getting actively involved in your local tech community, regularly attending industry events and conferences, writing blog posts/articles, integrating yourself into communities on social networks and, of course, doing outstanding work as an employee (to develop a great reputation). Conclusion.
Feld Thoughts
JULY 14, 2015
The term sheet converts all the convertible debt into a post-money valuation of $100, essentially making the convertible debt worthless. And developing a reputation for recapping seed rounds is, in my book, silly. So they recapitalize the company. In a single turn game, this might be rational behavior.
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