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A Term Sheets: Simplifying, Standardizing, and Setting Expectations
July 23, 2011 /
When it comes to term sheets, Bill Payne, a member of Frontier Angel Fund and Vegas Valley Angels sees two trends: "Angel groups are much more likely to have adopted a standard term sheet as a starting point for negotiations," Payne says, "and angel groups are tending to reject convertible debt deals."
Standard term sheets create efficiency and reduce contention
Full Story: http://www.angelcapitaleducation.org/newsletter-detail/289-id.209715392.html
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