Many entrepreneurs are in the process of fundraising. However, many are unaware of the most favorable terms for raising money from investors and confused about what terms to focus on in a term sheet. Jay and Yusuf explain how to navigate these sometimes tricky waters.
You’re employee No. 20 at a Valley startup. If you’re a great developer, you’ll probably get a four-year option package worth about 0.2 percent of the company. Two years after you join, the company sells for $30 million. You’re rich! Right?