Can a Term Sheet be Legally Binding?

Can a Term Sheet be Legally Binding?

As a founder, having an investor is a coveted opportunity. At some point in your investor search, a term sheet may be used. Although a term sheet is a big step in getting funded, the term sheet itself may not be the final document of agreement. While a term sheet is...

What is an angel investor?

An angel investor is someone that has a high net worth and an entrepreneurial background. They typically seek a higher return on the money they invest. Because they usually invest their own money in the venture, they are focused on helping the entrepreneur become...
How Big are Seed Rounds?

How Big are Seed Rounds?

Every successful business owner will agree that starting is the difficult part. Even with the best idea and team backing you up, it may seem like the odds are stacked against you. For most startups, the primary challenge is capital. Without funds, that brilliant idea...
Do Angel Investors Get Preferred Shares? 

Do Angel Investors Get Preferred Shares? 

Angel investors provide financial capital to entrepreneurs and small businesses in exchange for an ownership state in the company or shares. These investors give money in the first stages of fundraising to support a growing company.  They often want preferred shares...