Categories:
The Company LifecycleJune 26, 2019
Overview
The terms on which you raise capital set you up for long-term success – or not. Pete Fusco and Samir Bakhru of Orrick’s Technology Companies Group share their insights into current market standards and key considerations—such as equity dilution, control rights and other things to look out for.
Practically speaking, the second most important aspect of a term sheet is control rights. Pete and Samir go over the key takeaways for founders and investors alike—including the intricacies of board composition, preferred director rights and various protective provisions.
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