Oversubscribed: Ask and You Shall Receive (with Summersalt Co-Founders Lori Coulter & Reshma Chattaram Chamberlin)
The World's First Podcast with Erin & Sara Foster
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The Importance of Term Sheets
In June of 2017, we knew we had really bottled magic. Every launch we have had that launch in every one sense, we still have this like sense, is it going to sell, right? Thankfully, it did. I remember thinking, wow, we sold $2,000 today. Like, that was a very big day. We came back in December of 2017, had secured a term sheet. However, we were getting very low on cash.
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