Background info: The terms of the deal called for CRV to invest $2million and to find a second capital firm to invest another $2million, with a 10.5$ million post-money valuation. The founders would receive 5 million shares, 1.5 million shares would be set aside for employee stock options, and CRV and its syndicate partner would get 4 million shares of convertible preferred equity for their 4$ million. The convertible preferred would convert one-for-one into common stock. If no other venture firm was willing to co-invest, CRV would invest the additional 2$ million but would get additional warrants for investing the entire amount.

What terms (if any) should edocs try to negotiate with the CRV deal? If you were the founder of edocs, which terms would be most important to you? What tradeoffs would you be willing to make? Explain your reasoning. (do bullet points, I will build on them).