Most VCs have standard expectations about equity, control, and governance. Having a solid understanding of common terms—and their consequences—at the outset may help you in negotiating.
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Most VCs have standard expectations about equity, control, and governance. Having a solid understanding of common terms—and their consequences—at the outset may help you in negotiating.
How do you assess the offer and navigate a term sheet, ensure you’re getting the best terms, prevent critical misunderstandings, and optimize your level of control and cash upon exit? HBS faculty, serial entrepreneurs and investors identified 3 different angles from which you need to examine terms.