4 ms·
Would be very interesting to see the evolution of term sheets over the last few decades. The shifting power balance between founders & investors, seeing novel p
by Nanite 9y ago
Would be very interesting to see the evolution of term sheets over the last few decades. The shifting power balance between founders & investors, seeing novel provisions become boilerplate etc.
- lpolovets 9y agoCooley and Fenwick track a lot of term sheet trends. See https://www.fenwick.com/topics/pages/topicsdetail.aspx?topicname=vc%20survey https://www.fenwick.com/topics/pages/topicsdetail.aspx?topic... and https://www.cooleygo.com/trends/ https://www.cooleygo.com/trends/. The Fenwick reports go back at least a decade. Maybe someone will a lot of free time will put them on a graph someday :)
- Animats 9y agoMultiple rounds of VC financing is a relatively new thing. In the early years, it was typically one round of VC financing to get the thing working, then profitability, then exit via IPO.