Posts Tagged ‘conversion’
Venture Capital Term Sheets – Redemption Rights
by Scott Edward Walker on July 7th, 2011Introduction
This post originally appeared in the “Ask the Attorney” column I am writing for VentureBeat; it is part of my ongoing series regarding venture capital term sheets. Here are the issues I have addressed to date:
- common mistakes dealing with VC’s
- valuation
- liquidation preferences
- stock options
- exploding term sheets and no-shop provisions
- anti-dilution provisions
- dividends
- Board control
- protective provisions
- drag-along provisions
- pay-to-play and pull-up provisions
- conversion rights
In today’s post, I examine the redemption rights of investors.