Posted by Anonymous on 2007-06-22
Tags: Negotiation Terms
So, most VC's will draw out the period between initial diligence and offering a term sheet. It's just part of the game. Every day that goes by is another day to judge your success or failure. However, when you get your first term sheet from a lead, it normally has a cascading effect to get other funds that you are talking with to move, either to be a follow-on investor to the first lead or to issue their own terms.
Members, read on for some tips and tricks to get that first sheet...PRIVATE: Members Only (1140 Characters)