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VC Term Sheets
ACQ2 by Acquired
How to Turn Term Sheets Into Binding Documents
The term sheet is a letter of an offer to investate ina company. It's usually signed and countersigned by both the investor and the ontreperner, than you hand it off to lawyers exactly, exactly. And then the lawyers draw up a set of documents, always including a stock purchase agreement that governs the terms of the purchase of stock by the investor.
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