From spinouts to fundraising to M&A, founders need transparent deal terms
TechCrunch
JULY 9, 2022
Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. With down rounds looming, startup founders have a lot less dealmaking leverage than they did in 2021. If new to the fundraising game, the changing market will require an accelerated class on less-favorable term sheet provisions like liquidation preferences.
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