Startups Weekly: Investors are keeping terms friendly — instead they say ‘no’ more often
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Multiple liquidation preferences, full-ratchet anti-dilution clauses and pay-to-play provisions are some of the words that still haunt startup founders who survived downturns in decades past. So far in this downturn, though, investors seem to be sparing the brutal terms that tend to surface when the money has all the leverage.
Why? It’s easier to let
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