06
Dec
We’re often asked what to watch for when reviewing or negotiating US term sheets. Below are five key concepts non-US founders — and founders generally — should understand.
Note that this discussion assumes investment into a US holding company. Investments into UK or other non-US holding companies will present similar issues, but with some differences due to the nuances of the applicable non-US law.
Valuation and Total Financing Amount
Founders need to intimately understand valuation. Simply put, your startup’s valuation is what a group of reasonably...