Useful term sheet template shared by @FoundersFund at http://t.co/iR9aX4w5 #startup #startuplife #entrepreneur
August 20, 2012
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Founders Fund Launches A More Transparent Term Sheet | TechCrunch
Yes, the nine-figure exits and even acquihire stories certainly do seem glorious in the TechCrunch headlines every day. But what do founders actually walk away with? It's often a very different picture when dilution, taxes and retention are factored in.