Andrej Kiska is an Associate at Credo Ventures. In the introductory post to my term sheet guide, we covered a general introduction to term sheets and the trade-off between high valuation and complex investment structure, as well as focused on the basics of a convertible loan. Now we’ll shed some light on terms in a standard equity round term sheet and provide some context as to how we at Credo Ventures look at each of them. We’ll try to mimic what we consider a standard set of rights used by US venture capitalists. By using a “Western” structure since the very early days…
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