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Term Sheets - First Round

Link: http://www.cdixon.org/?p=271

There is no way you can know too much about term sheets, so when we find a good explanation of some aspect we like to share it with our readers. In this article by Chris Dixon, he addresses some of the more interesting terms, such as founder salaries, founder vesting, pro-rata rights for investors and a few others. Check it out.

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