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
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- Negotiating the valuation and term sheet first
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- Entrepreneurs who want to retain a majority
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- How angels help entrepreneurs negotiate subsequent rounds
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- How lead angels help entrepreneurs with VCs
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- Capital efficiency and help entrepreneurs appreciate it
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- Why lawyers like the Rosen Light Pref term sheet
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- Seattle angels are friendly to VCs - less so in the Valley
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- Best ways to work with lawyers
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- What angels and VCs think of each other
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- Is valuation a science or a black art?
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