A Quick Hack for Speeding up Term Sheet and other Negotiations
Both Sides of the Table
MARCH 17, 2012
The very first time I ever negotiated a term sheet (and then legal docs for closing the round) I found the experience very frustrating. The other law firm gets the docs. He concedes on one point and sends over our doc re-marked up. We ask the lawyers to mock up the docs. He marks up the term sheet. 10 days have passed.
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