There seem to be two types of people debating with each other in this thread.
1. Some people that have real-world experience with raising money and term sheets. They understand what the norms and expectations are in addition to understanding the legal aspects.
2. Other people that lack the real-world experience and are just speculating without understanding the norms. They are only referring to the legal aspects.
1. Some people that have real-world experience with raising money and term sheets. They understand what the norms and expectations are in addition to understanding the legal aspects.
2. Other people that lack the real-world experience and are just speculating without understanding the norms. They are only referring to the legal aspects.