term sheet

“The most non-obvious clause to negotiate is the amount that you're supposed to reimburse the investor's legal counsel. You're actually doing your investors a favor by negotiating this. This is an actual win-win to negotiate. The time it takes you to go from te…”

“From an investor point of view, a term sheet sign is not a deal done. We continue to do our due diligence up to the last day, and the entire negotiation process with a founder on the terms is a, like the most revealing of all due diligence”

“Fabrice Grinder, he often do a deal just by one hour call, or even shorter, and he commit, and he admitted that I think his first Android term sheet, he didn't read anything. He just signed.”