Smaller Companies Seeking First Round VC Find More Than a Few Obstacles. Can you speak "Term Sheet"?

The VC advantage is that they know the game and how a seemingly innocuous term sheet provision can alter outcomes in the future. The site, Mr. Nivi said, is designed to “open source” the kind of advice that top legal and financial advisors provide.

“‘Knowledge is power,’ said Sir Francis Bacon. The VCs know what this game looks like and they know what the game looks like several moves from now,” he said.

Full Story: http://www.redherring.com/Article.aspx?a=21975&hed=The+Upper+Hand

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Doing the Deal: THE TERM SHEET Seminar, 05/02, Kalispell http://matr.net/article-23530.html