venture capital term sheets
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 11, 2023 by Bill Gurley · across every show →
Everything said about venture capital term sheets, oldest first
Aug 11, 2023
Gurley: 2021 hyper-competition eliminated IPO liquidation preference protections for investors
“Because of hyper competition and investing in 99, 2020, 20, 20, 21, there was a term removed from most term sheets that gave Investors the right to protect their Lickpref on IPO. That's gone in most of these cases.”