: A high valuation with restrictive terms (like high liquidation multiples) can be worth less than a lower valuation with founder-friendly terms.
: A typical balanced board for early stages might be 2-2-1 (2 founders, 2 investors, 1 independent). Venture Capital Deal Terms: A guide to negotiat...
Negotiating venture capital (VC) deal terms requires balancing immediate capital needs with long-term control and economic outcomes. While founders often focus on , seasoned negotiators prioritize the "Big 3": valuation, liquidation preferences, and board control. Core Deal Terms to Negotiate : A high valuation with restrictive terms (like
: This exclusivity period (usually 30–45 days) prevents you from talking to other investors. Do not sign it until you are confident in the lead investor's commitment. Venture Capital Deal Terms: A guide to negotiat...