Even if you plan to bootstrap your company,
you should have a good understanding of financing term sheets. That's
what DuckDuckGo
founder and Hacker
Angel Gabriel Weinberg argues in a blog post today that gives some
clear and detailed instructions on where to go to learn more about investor
term sheets.
As Weinberg points out, most companies will raise money at some point, and it's better to enter financing situations with a grasp of how things work so that you're less prone to make mistakes. And as such Weinberg lays out a fairly comprehensive lesson plan for gaining an understanding of the terminology in term sheets.
Introduction to Term Sheets:
1. Brad Feld's Term
Sheet series
2. Venture Hacks' Term Sheet
Hacks
To read the full, original article click on this link: Learning about Term Sheets
Author: Audrey Watters
