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This Entrepreneur Gave Away His $22 Million Dollar Fortune - Derek Sivers on Burning the Ships
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Nothing went in print for a politician unless it was iron-clad.
Matthew Richardson • The Scarlet Papers: The Times Thriller of the Year 2023
FIGURE 7 (6) Anti-dilution Provisions: Investor Favorable: The conversion price of the Series [A] Preferred will be subject to a full ratchet adjustment in the event that the Company issues additional equity securities (other than the reserved employee shares described under “Employee Pool”) at a purchase price less than the applicable conversion
... See moreAlex Wilmerding • Term Sheets & Valuations: A Line by Line Look at the Intricacies of Term Sheets & Valutions (Bigwig Briefs)
Sell, Sell, Sell
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FIGURE 5 (3) Redemption: Investor Favorable: Redemption at Option of Investors: At the election of the holders of at least [a majority] of the Series [A] Preferred, the Company shall redeem 1/3 of the outstanding Series [A] Preferred on the [third] anniversary of the Closing, 1/2 of the outstanding Series [A] Preferred on the fifth anniversary of
... See moreAlex Wilmerding • Term Sheets & Valuations: A Line by Line Look at the Intricacies of Term Sheets & Valutions (Bigwig Briefs)
