You got a term sheet or expect one, now what?
Getting a term sheet is an exciting experience, but it sets the foundation for your company's future. If you make a mistake, it's incredibly difficult to go back and change without burning some bridges.Join us and Eric Broad, Lead Attorney and Owner at Bowery Legal, a firm solely focused on serving venture-backed startups, on having these questions answered and to help prepare you for your current or future negotiations. Here's what you can expect us to cover:
- What to expect in a term sheet
- How & what terms are standard vs something you should push back on
- What legal liabilities you're exposed to at the term sheet and diligence stage
- What happens after you agree on the term sheet and close the round
- How much should you expect to spend on legal, whether a SAFE note or a priced round?
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About the Speaker: Eric Broad
Eric Broad is the CEO and founder of Bowery Legal, a firm solely focused on serving venture-backed startups. He is also the President on the NYU Venture Community. Eric represents businesses across all industries on various legal matters, including formation and early-stage strategy, debt and equity financings, mergers and acquisitions, joint ventures, intellectual property, corporate governance, commercial transactions, employment, and securities law.