Angel Term Sheet Evolution – Part 4 – Questions and Answers from the Bellingham Angel Members
Bellingham Angel Group Education Breakfast November 17, 2009 – Basil Peters and Dan Rosen
Highlights of Angel Term Sheet Evolution- Part 4:
- Why entrepreneurs should continue to communicate with us
- Negotiating the valuation and term sheet first
- Entrepreneurs who want to retain a majority
- How angels help entrepreneurs negotiate subsequent rounds
- How lead angels help entrepreneurs with VCs
- Capital efficiency and help entrepreneurs appreciate it
- Why lawyers like the Rosen Light Pref term sheet
- Seattle angels are friendly to VCs – less so in the Valley
- Optimum financing strategies
- Best ways to work with lawyers
- What angels and VCs think of each other
- Is valuation a science or a black art?
