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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