Can startups just walk away from an investment term sheet?

You and your co-founders have been pitching for the past several months, and now you’ve finally got the investment term sheet from venture capital. You later sat down with the signed term sheet to discuss the next steps with your team members. Eventually, after asking around for feedback and inputs you and your team later…

Why startups shouldn’t use their investor’s company secretary

You’ve been pitching your startup for a few months now, and finally, an angel investor has agreed to invest in your company with the investment amount you needed. In the term sheet, the angel investor also requires you to change the company secretary to the investor’s corporate secretarial firm instead. This is usually not a…