Anchorage Alaska Gust Series Seed Term Sheet

State:
Multi-State
City:
Anchorage
Control #:
US-ENTREP-0039-1-B
Format:
Word; 
Rich Text
Instant download

Description

"This term sheet is 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.

Annotated with detailed notes to help you understand each aspect of the Term Sheet."
Free preview
  • Preview Gust Series Seed Term Sheet
  • Preview Gust Series Seed Term Sheet
  • Preview Gust Series Seed Term Sheet
  • Preview Gust Series Seed Term Sheet

Form popularity

FAQ

The best time to visit Anchorage is June through August. Summer is the most popular time to visit Anchorage, with most visitors arriving between May and September.

The cost of living in Anchorage, AK is 4% lower than the state average and 24% higher than the national average. Anchorage, AK housing is 39% more expensive than the U.S average, while utilities are about 11% pricier.

The best time to visit Anchorage depends on the activities you want to do and how much you enjoy the cold weather. The city is generally considered to be at its best in the summer (June to August) when the skies are clearer, temperatures are mild and there are extended daylight hours to explore.

Alaska's largest city lies between the Chugach Mountains and Cook Inlet. Anchorage is more urban that any other place in Alaska, but it's also just as wild. Among the northernmost cities on Earth, Anchorage is a place with big-city amenities: fine restaurants, museums, shops, theaters, and an excellent music scene.

Most people plan at least three days in Anchorage during their Alaska travels. No matter how long you have, there are many ways to explore.

In researching your trip, you may see other dates mentioned: Peak season is June to August. By mid-June, it's as warm as it's going to get. ... Cruise Season is also May through September. ... Shoulder Season is May (early season) and September (late season), with 10-25% discounts on some hotels, tours, and cruises.

A one week trip to Anchorage usually costs around $1,338 for one person and $2,675 for two people. This includes accommodation, food, local transportation, and sightseeing.

The best time to visit Alaska is during the summer months. While our summer season is short, it is the driest, warmest time to visit. Starting mid May and ending mid September you are sure to see the best the State of Alaska has to offer...

Interesting Questions

Trusted and secure by over 3 million people of the world’s leading companies

Anchorage Alaska Gust Series Seed Term Sheet