Chapter 13
Understanding Term Sheets and Investment Agreements
IN THIS CHAPTER
Learning what term sheets are all about
Understanding the ins and outs of investment agreements
Reading common clauses in investment agreements
Negotiating win-win agreements with investors
Congratulations on finding the right fuel and the right engine that will help your new business speed down the road toward the milestones that you have on your map. Time to just sit back and enjoy the ride, right?
You may not have noticed that your business is the size of an RV, and your investors are joining you and your team for the journey. And everyone’s going to have an opinion about how your RV is going to be fueled and what the rules of the trip are.
That’s where term sheets and investment agreements come in. Now it’s time to put on your dress shirt and fancy shoes and come to your negotiations with your investors ready to talk … that is, after you read this chapter, take notes as you read, talk with your attorney, and then confidently take your notes and your knowledge into the room for a successful negotiation. ...
Get Funding a New Business For Dummies now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
