You have received a term sheet from Shark Mark on Shark Tank. He is offering you a $2mm Investment in the form of Non Participating Preferred Stock for 20% of your company, with a 3x Simple Liquidation Preference. You will retain ownership of 80% of your company, but when you sell the company, you will get less than 80% of the proceeds unless the selling prices least Somn 0522mm Samm 540mm O $30mm