US EditionWhen an Investor Pulls Your Term Sheet
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When an Investor Pulls Your Term Sheet
Subscribe This $750,000 term sheet was going to save the company. The founder was elated. And then, a phone call. The investor was pulling out. Investors can pull a term sheet for any reason. It’s rare, but when it happens it can leave a company crippled. Worst of all, it can have nothing to do with the startup. Losing Your Lead In a great post on Reddit’s r/entrepreneur sub, a founder describes how an investor gave them a $750,000 term sheet. T…
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