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.
Jacksonville Florida Gust Series Seed Term Sheet
Category:
State:
Multi-State
City:
Jacksonville
Control #:
US-ENTREP-0039-1-A
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
Jacksonville boasts the largest urban park system in the nation, it is 4x the size of the island of Manhattan! 80,000 acres of parks, including 405 City Parks, 7 State Parks, 2 National park sites and an Arboretum. The Timucuan Ecological and Historical Preserve, covers 46,000 acres. It's Always Sunny . . . in Jax.
With a rich history and diverse cultural scene, Jacksonville is known for its museums, art galleries, and lively music festivals. The city's extensive park system, including the stunning Timucuan Ecological and Historic Preserve, provides ample recreational activities and exploration opportunities.
History Facts Jacksonville It was initially known as Cowford. A large portion of Jacksonville was occupied by Timucuan Indians before colonization. At the mouth of the St. Johns River in 1562, French Huguenot settlers landed and later built Fort Caroline.
Jacksonville, FL Located in Duval County, the seaport city of Jacksonville is the largest city in Florida by overall population and land area.
Q: Is Jacksonville, Florida, a good place to live? A: Jacksonville, Florida, is a great place to live if you're looking for a reasonable cost of living, plenty of beach access, a southern feel, and a new home in the Sunshine State.
Boasting 22 miles of beaches, Jacksonville, on Florida's northeast coast, is a city of diverse neighborhoods with a top-notch arts and culture scene, unbeatable food, and a wide variety of family-friendly attractions, parks, and nature preserves. Jacksonville Florida - Top Things to Do visitflorida.com ? places-to-go ? northeast visitflorida.com ? places-to-go ? northeast
With a rich history and diverse cultural scene, Jacksonville is known for its museums, art galleries, and lively music festivals. The city's extensive park system, including the stunning Timucuan Ecological and Historic Preserve, provides ample recreational activities and exploration opportunities.
A: Jacksonville, FL, is known for its fresh seafood, especially shrimp and fish. The city is also famous for its Southern-style cooking, including fried chicken and barbeque.
