This term sheet for financing early stage companies with investments from sophisticated angel investors was
developed by Gust, the platform powering over 90% of the organized angel investment groups in the United States.
The goal was to standardize on a single investment structure, eliminate confusion and significantly reduce the costs of negotiating, documenting and closing an early stage seed investment.
For those familiar with early stage angel transactions, this middle-of-the-road approach is founder-friendly and investor-rational, intended to strike a balance between the Series A Model Documents developed by the National
Venture Capital Association that have traditionally been used by most American angel groups (which include a 17 page term sheet and 120 pages of supporting documentation covering many low-probability edge cases), and the one page Series Seed 2.0 Term Sheet developed in 2010 by Ted Wang of Fenwick & West as a contribution to the early stage community (which deferred most investor protections and deal specifics until future financing rounds.)
The Gust Series Seed Term Sheet does meet Section 2.2 of the Founder Friendly Standard. The term sheet providesfor "reverse vesting"so the company can repurchase unvested stock if a Founder leaves before four years.
Greensboro North Carolina Gust Series Seed Term Sheet
Category:
State:
Multi-State
City:
Greensboro
Control #:
US-ENTREP-0039-1-A
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
Greensboro is also a burger- and biscuit-loving Southern city, and staples like pulled pork pop up in brunch hashes and mac-and-cheese tacos.
One of the top reasons to move to Greensboro is its vibrant and diverse culture. This city is home to a thriving arts scene, with numerous galleries, theaters, and music venues. From the Greensboro Symphony Orchestra to the Weatherspoon Art Museum, there's always something new and exciting to explore.
Gate City. By 1890, Greensboro became a railroad transportation center, a gateway to the West and the South.
(42.6%) The 5 largest ethnic groups in Greensboro, NC are Black or African American (Non-Hispanic) (42.6%), White (Non-Hispanic) (39.5%), Asian (Non-Hispanic) (5.34%), White (Hispanic) (4.03%), and Two+ (Non-Hispanic) (3.05%). Greensboro, NC | Data USA datausa.io ? profile ? geo ? greensboro-nc datausa.io ? profile ? geo ? greensboro-nc
Mayor Nancy Vaughan explained that ?greensboro, You're Welcome? is the tag line created by the Greensboro Convention and Visitors Bureau, which calls it ?branding.? But the real explanation seems to be that the slogan was written by a committee.