"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."
Boston Massachusetts Gust Series Seed Term Sheet
Category:
State:
Multi-State
City:
Boston
Control #:
US-ENTREP-0039-1-B
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
Living in the Hub is not cheap. Boston is one of the most expensive cities in the United States. ing to payscale.com, Boston's cost of living is 50% higher than the U.S. average. Boston rent prices are also some of the highest in the country.
Boston's many firsts include the United States' first public park (Boston Common, 1634), the first public school (Boston Latin School, 1635), and the first subway system (Tremont Street subway, 1897). Since the nation's founding, Boston has been a national leader in higher education and research.
Here, during the 20th century, Charles Lindbergh promoted commercial aviation; Anti-Vietnam War and civil rights rallies were held, including one led by Martin Luther King, Jr.; and in 1979 Pope John Paul II gave Mass to a gathered crowd. Today, Boston Common is open for all to enjoy.
Massachusetts Boston / State
Boston's many ?firsts? include the United States' first public school (1635), and first subway system (1897). The area's many colleges and universities make Boston an international center of higher education and medicine, and the city is considered to be a world leader in innovation for a variety of reasons.
Boston is known for its starring role in the American Revolution in the late 1700s, but it is equally renowned as a sophisticated center of contemporary culture, higher education, and technology. Aside from its rich history, Boston's sporting traditions run deep. What Is Boston Known for? | Celebrity Cruises celebritycruises.com ? blog ? what-is-boston... celebritycruises.com ? blog ? what-is-boston...
Greater Boston was the site of the American Revolution, is home to Harvard and MIT, and was the birthplace of Dunkin Donuts and public figures such as JFK. History runs through this city's veins, although it can't all be found in your textbook. Explore some of Boston's bizarre and classic claims to fame. Boston: 10 Claims to Fame | Britannica britannica.com ? list ? boston-10-claims-to-f... britannica.com ? list ? boston-10-claims-to-f...
Reasons why Boston is worth visiting. Boston is full of history, food, unique neighborhoods, and museums. Along with being on the waterfront and having all of the benefits of ocean activities. It has all of the concerts, events, sports, and activities you'd expect from a big city.
Boston is unique as it is almost completely surrounded by water, with the Atlantic Ocean on two sides and the Charles River which runs along the back of the city. Whale watches, harbor cruises, tours of the Boston Tea Party Ship, island hopping, sailing and rowing on the Charles River, touring the U.S.S.
In Boston, a single adult needs to make $60.08 an hour, or $124,966 a year to "live in sustainable comfort." For two working adults with two children, the total required salary is $319,738.
