Our last article with Guy Kawasaki — “The Ten Stupidest Things an Entrepreneur Can Do” that helps entrepreneurs avoid common pitfalls — was of great interest to readers and so we are teaming up with Guy again! In our next article “How to Get Your Sheet Together”, we focus on issues that entrepreneurs should avoid when negotiating term sheets. An entrepreneur with a term sheet for investment has a range of decisions to make. Among the most important is which points to negotiate and which points to leave alone. A sample of the term sheet issues discussed in this article include:

• the binding nature of the term sheet
• Registration rights
• Market standoff rights
• Information rights
• Right to maintain proportionate ownership

Click here to read the full article. LawPivot aims to collaborate with other authors to provide high value content to help entrepreneurs quickly come up to speed on important legal issues. If you would like to read more Guy Kawasaki and LawPivot collaborations, click the links to the following articles:

• “The Top 10 Questions Tech Entrepreneurs Ask”
• “The 10 Biggest Booby Traps of Term Sheets”
• “The Ten Stupidest Things an Entrepreneur Can Do”

Need legal help?