Ben & David take their turn at the "power ballad" of VC blogging/podcasting, explaining how venture term sheets work. From valuation to pro rata rights to founder vesting, we leave no stone unturned in this episode. If you're a founder, work at a startup, or are considering doing one of those someday, this episode is for you!

Sponsors:

• Plaid: https://plaid.com

Be sure to follow the Acquired Podcast:

Acquired.fm

@AcquiredFM

Links from the Show:

Acquired LP: Lyft Episode

Acquired LP: Demystifying Corp Dev (Sara Adler)

AR&D Letter of Intent to DEC         

Brad Feld: Venture Deals

CooleyGo.com
GAAP

Jeff Bezos, Vesting, and The Divorce                      

Perkins Coie Accelerator

SeriesSeed.com

Standard Series Seed Term Sheet [Link in Bio]