Leta blog: Shares, Protective Provisions, BoD. Guide to Terms Sheets, Part 2
25 December 2019This is the second post in a series of articles, which describe basic concepts and practical tips related to Term Sheets.
In my first post, I touched upon the economics of an investment deal within startup financing process and implications of the Term Sheets. In my current post, I am going to describe details of a typical investor involvement in startup company operations both from day to day operations and legal perspective. The main goal of this post is to shed some light on what are the typical rights and duties of investors and how they can relate to the founders of the startup company and vice versa.
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