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69 propositions

65 inferences

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Claim

Founders should be cautious even when potential series A investors have great reputations and work fast to provide termsheets




Arguments

If it is true that...

Investors may pressure founders to stop raising money until they commit to them

and

A series A termsheet with a no-shop clause can stop founders from raising money

Then it must be true that...

Founders should be cautious even when potential series A investors have great reputations and work fast to provide termsheets


Consequences

If it is true that...

Founders should be cautious even when potential series A investors have great reputations and work fast to provide termsheets

and

Having one founder take fundraising meetings avoids real-time negotiations

Then it must be true that...

Investors are professional negotiators and can negotiate on the spot very easily