Tim Wolters – the CTO of Collective Intellect – is in the middle of a financing and blogging about some of the terms.  Today’s is the liquidation preference.  It’s interesting to compare it to what Jason and I wrote in 2005 about liquidation preferences in our Term Sheet series.

Q: I’ve been re-reading back through your term sheet series as was wondering if you had a sample one that you could send my way (yes, I have found several others online already but they don’t seem to contain much of the same jargon that you give in your examples).  Also, I’m trying to find […]

Rick Segal has the helpful VC post of the day up on his site at Post Money Value titled Annotated Term Sheet and the Secret Prize.  Rick links to annotated term sheet for an early stage VC investment from lawyer Craig Brown at  Fasken Martineau DuMoulin LLP.  Having just read through this, it nicely compliments the […]

One question that we’ve gotten several times is “what are standard VC deal terms?” For those of you who have followed Brad’s blog, you know that he and I wrote an extensive series on term sheet / venture terms. Over time, we’ll update these entries and bring them over to this site, but for now, […]