Exploding Term Sheet
topic on 1 show · 2 statements across 2 episodes
2 statements about Exploding Term Sheet, every show
Hartz: Exploding term sheet deadlines are artificial because VCs still want in
“Well, look, the issue is, is that you put a term sheet out in, in it, like, explodes on Friday at five PM, but does that mean? No, but does that mean that you, at five 15, you no longer want to invest? No, like the investor will always be there.”
Nyatta: Exploding Term Sheets Are Nonsense and Deal Speed Is Overvalued
“I think we've fetishized moving quickly, and it's just not that valuable especially at the growth stage, but I think even at the early stage, the whole idea that I have an exploding term sheet that's going to expire this Friday, first of all, is nonsense. Term…”