How to Negotiate a Term Sheet with a VC, Part III

How to Negotiate a Term Sheet with a VC, Part III

Brad has kicked off his blogging year with a a good new post on VC valuations.  It’s along the lines of the ones he, Fred, and I have written over the past six months and has the wonderful line in it:

If you are negotiating a deal and an investor is digging his or her feet in on a provision that doesn’t affect the economics or control, they are probably blowing smoke, rather than elucidating substance.

Happy New Year!