Why investors need to dump dotcom era term sheets and get lean

Many entrepreneurs have adopted the lean startup principles and practices when creating new ventures: They have learned that premature scaling is the number one cause of a business failure.

Despite this transcendence in entrepreneur behavior, investors have not kept up with entrepreneurs and they continue to fall back into old, bad habits, especially in negotiations for equity investment rounds.

by John Richards

Read more: http://medcitynews.com/2014/05/investors-need-dump-dotcom-era-term-sheets-get-lean/#ixzz32FrXQMM4