Leta blog: Valuation, ESOP, Liquidation Preference, Dilution. Guide to Term Sheets
18 December 2019This is the first part of a series of articles dedicated to Term Sheets.
Many entrepreneurs think that the startup financing process is somewhat straightforward. They believe that following the company’s pitch and Q&A they would have an investor come back with either “YES” or “NO”. In reality, the financing process can take up to six to nine months. When negotiations are ended, it’s time to review a “Term Sheet” received from a potential investor.
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