{"id":266,"date":"2009-11-03T08:48:52","date_gmt":"2009-11-03T08:48:52","guid":{"rendered":"https:\/\/www.dshen.com\/blogs\/business\/2009\/11\/03\/what_the_heck_do_all_those_terms_mean\/"},"modified":"2009-11-03T08:48:52","modified_gmt":"2009-11-03T08:48:52","slug":"what_the_heck_do_all_those_terms_mean","status":"publish","type":"post","link":"https:\/\/www.dshen.com\/blogs\/business\/archives\/what_the_heck_do_all_those_terms_mean.html","title":{"rendered":"What the Heck Do All Those Terms Mean?"},"content":{"rendered":"<p>I was just talking to a new entrepreneur about a term sheet and I realized that trying to understand all those dang terms on a term sheet was super tough because of all the legalese there, and also it&#8217;s hard to know the implications of terms if you haven&#8217;t experienced them first hand.  It took me 2+ years of investing to get to some basic understanding of the terms and I&#8217;m still not even close to being an expert at it.<br \/>\nSearching on Google, I found some excellent posts from <a href=\"http:\/\/bit.ly\/iuyaG\">Brad Feld<\/a> that explains some of the basic terms in a more easily understood way.  Here are links to them:<br \/>\n<a href=\"http:\/\/bit.ly\/92DOi\">Information and Registration Rights<\/a><br \/>\n<a href=\"http:\/\/bit.ly\/2PgvKh\">Anti-Dilution<\/a><br \/>\n<a href=\"http:\/\/bit.ly\/22oOFE\">Redemption Rights<\/a><br \/>\n<a href=\"http:\/\/bit.ly\/1AOr7I\">Liquidation Preference<\/a><br \/>\n<a href=\"http:\/\/bit.ly\/BaY8v\">Drag Along Rights<\/a><br \/>\n<a href=\"http:\/\/bit.ly\/yBMVP\">Protective Provisions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I was just talking to a new entrepreneur about a term sheet and I realized that trying to understand all those dang terms on a term sheet was super tough because of all the legalese there, and also it&#8217;s hard to know the implications of terms if you haven&#8217;t experienced them first hand. It took [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11],"tags":[],"class_list":["post-266","post","type-post","status-publish","format-standard","hentry","category-angel-investing-venture-funds","category-startups"],"_links":{"self":[{"href":"https:\/\/www.dshen.com\/blogs\/business\/wp-json\/wp\/v2\/posts\/266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dshen.com\/blogs\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dshen.com\/blogs\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dshen.com\/blogs\/business\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dshen.com\/blogs\/business\/wp-json\/wp\/v2\/comments?post=266"}],"version-history":[{"count":0,"href":"https:\/\/www.dshen.com\/blogs\/business\/wp-json\/wp\/v2\/posts\/266\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dshen.com\/blogs\/business\/wp-json\/wp\/v2\/media?parent=266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dshen.com\/blogs\/business\/wp-json\/wp\/v2\/categories?post=266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dshen.com\/blogs\/business\/wp-json\/wp\/v2\/tags?post=266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}