I had an interesting and fantastic conversation with a partner lawyer at TNP.On behalf of entrepreneurs, I asked (and successfully interrogated) her many important and practical questions that entrepreneurs should know in negotiating with VC or investors. You will find a lot of takeaways relevant to startup thanks to the full cooperation of BukolaEP34 What founders should know in negotiating VC term sheetIn this episode, I speak to Bukola Bankole, Partner, TNP law firm in NigeriaBukola and I talk about: 1.  Her background and journey to TNP2.  A couple of  terms that founders and investors usually go back and forth on·      Pro-rata rights·      Vesting and revesting imposed on founders and key members.·      Redemption Rights with Exit price·      Cap for conversion3.  How she would advise entrepreneurs if an investor says this is a standard term sheet and they have never changed it before.4.  Jurisdiction; Are foreign investors /VC comfortable with African judication, or African domicile entity. If not, which country do they usually prefer?5.  And what is the process of doing a flip into a foreign country6.  Long Term plans and Vision for the firm7. If TNP is interested in working with entrepreneurs with creative structures