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Understand the unwritten term in the term sheet (firstround.com)
6 points by jkopelman on April 15, 2007 | hide | past | favorite | 1 comment


He says you can't build a company to sell it, but several of the founders in Founders at Work seemed explicitly or implicitly to be (successfully) building companies to sell them. I'm highly suspicious, particularly since it's coming from a VC to begin with.




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