Term Sheet

Every now and then I run into a new VC term in a term sheet that I’ve never seen before. My legs tremble with excitement as I stare at the words

As Jason and I close out our Letter of Intent series, we thought we’d cover one last item that has screwed many a seller – the case where a public

While watching the Sopranos tonight, I saw the magic manilla envelope stuffed with cash get passed to Tony and thought “what would a good deal be without some fees?” Remember

Since it’s a Saturday morning, I thought I’d cover a topic in our Letter of Intent series that my wife Amy would never agree to. Signing a letter of intent starts a serious

When you are asked “Hi – it’s been fun to date. Will you marry me?” you usually don’t expect the person asking the question to say “Oh – and it’ll

As my body recovers from my recent marathon, my brain turns back to Letters of Intent. Jason and I left you hanging for a while in our Letter of Intent

It’s been a while since Jason and I wrote an entry for our Letter of Intent series. Yesterday, as I read through a confidentiality agreement that I had been asked to sign,

Tim Wolters has written a post on anti-dilution clauses from an entrepreneurs point of view. Tim promises to write more on other terms like liquidation preferences, reverse vesting, dividends, c

Jason and I continue our Letter of Intent series with one of our “favorite” clauses (sarcasm intended). The escrow is another hotly negotiated term that often is left ambigu

Well – the first business day of the year is officially over. Apparently Yahoo just rejected an offer from Microsoft for $80 billion because it wasn’t enough. My guess is