News for hackers. Stuff that matters.
Re:When It Comes To Founding Successful Startups, Old Guys Rule by jamiequint on Monday September 07, 2009 @03:50PM (#809652)
"Old guys know better than to sign a term-sheet loaded with a nasty double-trigger option acceleration that would consign the founders to indentured servitude for years after a liquidity event."

Are there any VCs that would agree to single trigger acceleration? I was under the impression that 25% acceleration on acquisition with a double trigger was pretty standard.

There are no comments on this comment yet.