I’ve been hearing these stories, several times in the last month, from both here in Vancouver and down in the States, of entrepreneurs having drop-kicked a VC termsheet and walked away, on the basis of terms and/or valuation. If you don’t know what this jargon means, a crash lesson on how the VC process works. For those who do know, a few remarks on VC trends.If you are working at a startup, or considering it, these are important concepts to know about. I guarantee that you will hear about this stuff more thank you think you will when you take your job.
Monday, February 23, 2004
ongoing · Bouncing Termsheets
Posted By Allen at 3:32 PM
Way back in January, Tim Bray wrote a good basic introduction to the VC Term Sheet.