Can I Negotiate My VC Term Sheet?
Partner at Pillar
Just got a term sheet from a VC firm? Congratulations — that’s no small feat. Beyond the price and amount of investment, it is likely to have come with a long list of terms and conditions. As we’ve written in the past, we think many of these create a misalignment between Founders and Investors. That’s why we’ve chosen to lead rounds by buying Common Stock — but this remains very rare in the industry.