This. Is exactly how it works. A first-time startup gets worse terms then an established entrepreneur, right? A first-time band is the same way. You do well wit

This. Is exactly how it works. A first-time startup gets worse terms then an established entrepreneur, right? A first-time band is the same way. You do well with your first venture, you get better terms the next time. The indie film industry is very much the same way with distribution rights. So, VC ~= Record labels ~= Film distributers