Thoughts on startups by investors that
fund them & entrepreneurs that run them

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How do you cross the chasm between commitment to invest in your start-up, to closing a funding round?

By far the hardest step in all this is getting a term sheet. Once you have a term sheet in hand, and assuming good faith, everything else will follow.

The best way to get a term sheet is to concentrate your efforts on an investor who has the ability, history and interest in leading rounds. So one of the very

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