It looks like you're based in Europe, so be careful relying on any US-centric advice if that's the case. It pretty much goes without saying, but HN is not a pr

It looks like you're based in Europe, so be careful relying on any US-centric advice if that's the case. It pretty much goes without saying, but HN is not a proxy for proper legal advice from a local lawyer who understands the full fact set. With that said, while you're unlikely to be liable for their costs given the unsigned term sheet (assuming there's no wrinkle in your local law), you don't want to get trapped in an ugly public battle with a VC as it will potentially make raising funds in the future much harder - whether for Talon.One or another company. I'd recommend talking quietly to the GP at Investor B and seek his/her advice on how to settle this quickly, quietly and preferably with little or no out-of-pocket expense. Based on the facts laid out, I don't like the behavior of Investor A so I hope this process ends with them reflecting on their actions and realizing that they won't survive long in the VC game if they don't adapt.