The Three Terms You Must Have In A Venture Investmemt - AVC
Many years ago, when I was still in my 20s, the managing partner of my first venture firm, Milt Pappas, told me that he felt there were three terms that really mattered in a venture deal (other tha...
Source: AVC
Many years ago, when I was still in my 20s, the managing partner of my first venture firm, Milt Pappas, told me that he felt there were three terms that really mattered in a venture deal (other than price of course). They are: 1) The liquidation preference 2) The right to participate pro-rata in future rounds […]