Beyond Dante: Term Sheet Terms: anti-dilution clauses

From my Newisys days I was told by the guy who dealt with our VC activities day to day that anti-dilution clauses were some of the most evil things you could see on a tern sheet, basically you get screwed when you get a down round later (which in my experience happens more often than not 🙁 )… Here Tim Wolters, the CTO of Collective Intellect, blogged about anti-dilution clauses in the entrepreneurs’ perspective.

Beyond Dante: Term Sheet Terms: anti-dilution clauses

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