Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
15Activity
0 of .
Results for:
No results containing your search query
P. 1
Negotiating the Term Sheet

Negotiating the Term Sheet

Ratings:

5.0

(2)
|Views: 3,107|Likes:
Published by Daniel

More info:

Published by: Daniel on Feb 20, 2007
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

12/21/2012

pdf

text

original

 
Negotiating the Term Sheet
Springboard: New EnglandBootcampOctober 13, 2004
 
Common Vs. Preferred Stock
Management tends to hold common stock
 –Founders stock –Options
Professional investors, both angels and venturecapitalists, want preferred stock
 –More control over decisions –Better economic terms
Interests of common and preferred differ andmanagement will be negotiating against ventureinvestors during financing or sale of company
 –Every new round of financing dilutes founder shares
 
 
Objectives
The purpose of the presentation is to
 –
Provide an understanding of thecommon methods used by preferredinvestors to protect their investment
 –
Look at the impact of the terms oncommon shareholders
 –
Make you an educated negotiator 

Activity (15)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
Gui Hwan Yang liked this
lperine liked this
myrmidon6 liked this
mlarssen liked this
engle1 liked this
karolynknaack liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->