Founder & CEO of Tec...ย โขย 11m
this is great ๐ but you forget 2X liquidation term
Drafting Airtight Ag...ย โขย 7m
"The Most Dangerous Clause in Term Sheets That Founders Ignore" Yes, it's the liquidation preference in your term sheet that can quietly screw you. It decides who gets paid first if your startup sellsโor flops. Investors might snag 2x their money
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