Beware of Early Venture Capital Term Sheets: No Due Diligence Means No Guarantee

If you’re an entrepreneur like me, you dream of building the next Google, Facebook, Twitter, Apple or [insert name of high-growth, game-changing company here]. You have read all the stories of the founders and their struggles in the early days. You’ve also heard about their investors–visionary venture capitalists who were quick to see the future and deliver a term sheet to lock in the deal.

Brock Blake

https://www.forbes.com/sites/brockblake/2018/09/22/beware-early-venture-capital-term-sheets/#77b2f68b7049