When
· Naughties
· · 2004
· · · January
· · · · 29 (1 entry)
Bouncing Termsheets ·
I’ve been hearing these stories, several times in the last month, from both here in Vancouver and down in the States, of entrepreneurs having drop-kicked a VC termsheet and walked away, on the basis of terms and/or valuation. If you don’t know what this jargon means, a crash lesson on how the VC process works. For those who do know, a few remarks on VC trends ...
By Tim Bray.
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