Chilling description of what can happen if you don’t have someone to come to for advice. The term-sheet mentioned (with the 5x Liquidation Preference and the double-dipping) came from the now-defunct e-Synergy – a so-called venture (vulture) capital firm engaged by Invest NI to manage their spin-out fund (NISPO!). The predatory clauses on the term […]
Tag Archives: Term Sheets
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