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.
New Orleans Louisiana Gust Series Seed Term Sheet
Category:
State:
Multi-State
City:
New Orleans
Control #:
US-ENTREP-0039-1-A
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
An important river trade port, it was the headquarters of the community of merchants frequenting the Loire. It was the capital of the Kingdom of France during the Merovingian period and played an important role in the Hundred Years' War, particularly known for the role of Joan of Arc during the siege of Orleans.
From Mardi Gras to Halloween and Everything in Between. When you think of New Orleans, several things immediately come to mind: spicy Cajun and Creole cuisine, a vibrant cocktail culture, live music pouring out of clubs every night of the week, and one-of-a-kind museums and attractions.
What is New Orleans famous for? A true melting pot of cultures, New Orleans has a wealth of unique heritage and proud traditions. It is best known for its music, vibrant nightlife, numerous festivals, Creole and Cajun food, and colonial architecture.
La Nouvelle Orleans was named in honor of the Duke of Orleans, France's ruling regent until the young Louis XV could take the throne, but the French name was also chosen to encourage French settlers who would have balked at coming to a place with an Indian name like Biloxi or Natchitoches. French History in New Orleans neworleans.com ? multicultural ? cultures neworleans.com ? multicultural ? cultures
New Orleans is world-renowned for its distinctive music, Creole cuisine, unique dialects, and its annual celebrations and festivals, most notably Mardi Gras. The historic heart of the city is the French Quarter, known for its French and Spanish Creole architecture and vibrant nightlife along Bourbon Street.
Whether you're a life-long local or you're in town for your first visit to The Big Easy, there are plenty of things to explore for every taste and preference. French Quarter Phantoms has been voted Voted #1 in New Orleans & America's Top Ten for over 8 years in a row, so we know a thing or two about our city!