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Industry Standard

TheFunded.com Advice

Posted by Anonymous on 2007-05-03

Tags: Negotiation Terms Lawyers

PUBLIC:

When you hear the comment that this term sheet / shareholder agreement is an industry standard you should be very cautious. There are no standards. The phrase means that there are clauses that even the VC feels a bit uncomfortable presenting (or don't think that you will approve them).

PRIVATE: Members Only (155 Characters)