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Startup founders, VCs, and lawyers open up about the dark world of dirty term sheets, where shrewd investors screw them over
An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowMarie's heart sank when she read the text message from her startup's angel investor. "Hey, I'm 10 minutes out. Order me a dirty martini," it read.She and her cofounder, Austin, were nervously waiting for the investor at an Italian restaurant in New York's Union Square. They knew his cocktail choice matched his mood. When the stock market was up, he ordered tequila on the rocks and made a generous follow-up investment in their company. When the market was down, it was dirty martinis and funding...…An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowMarie's heart sank when she read the text message from her startup's angel investor. "Hey, I'm 10 minutes out. Order me a dirty martini," it read.She and her cofounder, Austin, were nervously waiting for the investor at an Italian restaurant in New York's Union Square. They knew his cocktail choice matched his mood. When the stock market was up, he ordered tequila on the rocks and made a generous follow-up investment in their company. When the market was down, it was dirty martinis and funding...WW…
Some of Trump's biggest Silicon Valley supporters are abandoning him after last week's deadly Capitol siege, but many continue to stay silent
The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Something is loading.Loading...They donated millions of dollars, in their mansions, and advised President Donald Trump's transition team.But after rioters stormed the Capitol on January 6, Silicon Valley's Republican backers were nowhere to be found — and some venture capitalists are upset about it.Take Doug Leone, for example, a billionaire venture capitalist and managing partner of Sequoia Capital, one of Silicon Valley's top firms. As soured on Trump over...…The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Something is loading.Loading...They donated millions of dollars, in their mansions, and advised President Donald Trump's transition team.But after rioters stormed the Capitol on January 6, Silicon Valley's Republican backers were nowhere to be found — and some venture capitalists are upset about it.Take Doug Leone, for example, a billionaire venture capitalist and managing partner of Sequoia Capital, one of Silicon Valley's top firms. As soured on Trump over...WW…
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