Friday, May 27, 2005

Term sheet review

Brad Feld and the Mobius team put together a very insightful set of posts on term sheets.

For entrepreneurs looking to raise money for the first time, I highly suggest reading the posts.

Subjects covered include: liquidation preferences, stock vesting, conversion ratios, redemption rights, and other material elements of most vc firms term sheets.

Click this link to read on.

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