Question 6

What factor(s) can impact the valuation of your company?

Hot sectors

Management team experience

Early traction (revenues, partnerships, etc.)

A well developed V1 product

All of the above

7.

Question 7

Which of the following statements about term sheets is correct? (Select all that apply.)

They normally include a statement on the use of the proceeds of the investment.

No shop clauses are beneficial to the investor but not the company.

They are binding on the investor for 60 days.

They state the pre-money valuation and the amount of the investment.