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122: Hard clauses in a term sheet

Z47 Moments

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Investing in a Company

Founders should not be worrying about board composition, but invester composition. Founders often don't realize that that's what's happening at the investors it. This is much more important than any tas fear e. When i design it as an investor in a company, i actually think about who's likely to vote with me and give a number where i know i can hit that threshold.

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