agmiklas
Joined 18 years ago
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Oct 7
Busy at with alexsolo and bpuvanathasan on our first startup, pagerduty.com
View on Hacker NewsJoined 18 years ago
(Disclosure — I’m an investor.)
Something we did in our later financings was to (very politely) provide an interested investor with a fairly comprehensive (~7 pages) template term sheet that had blanks for the major economic terms, but otherwise fully specified all the details of the proposed deal. This kept things from drifting off "founder friendly" after signing and had the added bonus of making offers easier to compare.