VentureSpur hosts successful “Term Sheets” event

by Kraettli Lawrence Epperson in Uncategorized

VentureSpur hosted an office full of eager entrepreneurs with detailed questions for our lunch-and-learn event on Term Sheets on Tuesday, May 8 at our facility inside The Exchange.

VentureSpur co-founder, Gabe Bass, who is also the Managing Partner of Bass Law in Oklahoma City, made the hour-long presentation with a focus on what startups need to know about negotiating a term sheet with venture capitalists for their Series A round of investment.

Topics included a comprehensive review of typical terms and especially included valuation issues and preferences. Scenarios were discussed and the mechanics of negotiating a term sheet in the context of both prior and subsequent investments were outlined.

Audience questions included queries on how to deal with board members appointed by VC firms, when a term sheet might be abandoned by either party, and where to find sample term sheets and other typical VC investment documents used in Series A rounds.

Thanks to everyone who attended!

Our next set of events will be announced here and on our Events page: www.VentureSpur.com/Events

Also, remember that our application deadline for our 2012 class is June 6. Application can be submitted here: www.VentureSpur.com/Apply

 

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Kraettli Lawrence Epperson

Managing Director at JumpPhase Ventures
This blog is dedicated to providing advice, tools and encouragement from one entrepreneur to another. I want to keep this practical and accessible for the new entrepreneur while also providing enough sophistication and depth to prove useful to the successful serial entrepreneur. My target rests somewhere between the garage and the board room, where the work gets done and the hockey stick emerges.