Edu: Term Sheet Pitfalls – Don’t Turn Your Cap Table Into a Crap Table

Darker times in venture have seen the return of some old investment terms that haven’t had much of an airing lately: warrants, participating liquidation preferences, tranches, and more. These aren’t always bad, but if you’re not careful you can end up with a cap table that makes you uninvestable in future rounds. In this episode, Yaniv is once more joined by Jessy Wu, Investment Principal at Afterwork Ventures, to talk through a rogue’s gallery of investment terms, what they mean, and how to think about them. Jessy’s Original Post: https://www.linkedin.com/posts/jessyzwu_venturecapital-startups-investment-activity-7006777884203769856-aRxw Afterwork Ventures: https://afterwork.vc Honour The Startup Podcast Pact! If you have listened to TSP and gotten value from it, please:*Follow, rate, and review us in your listening app *Give us a public shout-out on LinkedIn or anywhere you have a social media following ** The Startup Podcast is sponsored by Google Cloud, the best cloud for startups. Get all the good stuff including up to USD200k in compute credit at https://goo.gle/tsp ** Get your question in for our next Q&A episode: https://forms.gle/NZzgNWVLiFmwvFA2A FInd Jessy at https://www.linkedin.com/in/jessyzwu Find Chris and Yaniv: http://chrissaad.com/advisory/ https://www.linkedin.com/in/chrissaad/ https://www.linkedin.com/in/ybernstein/