How to negotiate a term sheet | WSGR Startup Basics
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- čas přidán 3. 09. 2014
- In this "Startup Basics," Jason sits down with special guests, WSGR attorneys Rachel Proffitt and Todd Carpenter, who give us in-depth advice on the legal aspects of getting your startup off the ground. In this episode Todd and Rachel address the following critical question: How do I negotiate a term sheet? Tune in to find out!
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Great interview and outro music Jason!
@Seth James 😄
Great interview.
18:18 Sometimes the introduction of lawyers really complicates things
Is an option available for a performing/profitable startup to simply repay the convertible debt instrument on maturity and thus not give the equity to the investor? Who has the option to convert, the investor or the owner? I’m assuming in reality the startups very infrequently have the cash to repay any debt and hence the only option is to convert to equity.
Are you operating out of a WeWork office?