When Jason and I last wrote about term sheets, Jack was still trying to save the world (surprise – he did) and we dealt with a meaty and important issue – vesting.  For completeness (and because all good “series” deserve to be finished off), we’re tackling the terms that rarely matter in the next couple […]

In 2005, my partner Jason Mendelson and I wrote a long series of posts describing all of the parts of a typical venture capital Term Sheet.  We started on 1/3/05 with a post on Price and finished up on 8/23/05 with a post on Indemnification and Assignment.  Of all of the stuff I’ve written over […]

Jason and I hope you enjoyed reading our term sheet series at least as much as we enjoyed writing it.  While we won’t be competing with our friend Jack Bauer for any drama awards (I tried to make it 24 posts, but could only get to 20), we’ve tried to take a balanced and pragmatic approach […]

Raising money is hard. Entrepreneurs need to understand what’s involved – from what to consider when picking the right venture partner and how to think about the economic and control rights at stake, to what life will be like after the deal closes. This assumes that the company is ready to raise venture money in […]