Clean Sheets

Scott Lenet – Venture capitalists typically prefer uncomplicated deals. Anything unusual can be used as an excuse to move on to another deal. The hottest financings are exempt from this guideline, but in general, entrepreneurs are safest when keeping their companies, term sheets, and capitalization tables “clean” of complexity. The simpler the situation, the more likely that investors will focus on the merits of the team, the market, and the opportunity.

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