Historically, software and services have operated in separate worlds, a line that is becoming blurry today. Global software spending has surged to nearly $900 billion. Software companies have high upfront investment and strong gross margins. In contrast, services...
Register for our future SaaS Talks: https://rebrand.ly/SaaSTalks 00:00 Introduction 05:30 On switching your GTM geography from India to US 08:54 Looking back, what would you do differently? 11:35 A VC’s perspective on the best geography for GTM 14:23 Changes in...
The last decade has seen rapid changes in software development – agile development, APIs, microservices, OSS and the growth of AI-first and data companies. All of these have led to the creation of a large number of developer tool companies. Over the past few...
Register for our future SaaS Talks: https://rebrand.ly/SaaSTalks Software buying is facing headwinds globally, making the Customer Success function more crucial than ever. In this edition of #SaaSTalks, we engaged with Manan Shah, Recruiterflow, and Varun Sharma,...
In the last decade, the evolution of AI algorithms has significantly enhanced their capability to analyze medical images with remarkable precision. This progress has been particularly noteworthy in the detection and classification of abnormalities within various...
The Company and the Founders shall complete an initial public offering or a ‘strategic sale’ within 5 years from the Closing Date (“Exit Date”) on terms that are acceptable to the Investor. The failure of Company and Founders to provide an exit by the Exit Date shall not relieve the Company / Founders of their obligations to provide an exit to the Investor, which shall continue until the Investor ceases to hold any shares. In case of failure to provide exit, the Investor shall inter-alia have a drag along right on all other shareholders of the Company.
Liquidation Preference
Higher of 1x or pro rata entitlement on an as-if converted basis in any liquidity event. Liquidity event shall be defined in the definitive documents and will inter alia include change in control or sale of substantially all of the assets of the Company.
Pre-Emptive Rights
The Investor shall, in any subsequent offering of securities by the Company, have a right to maintain their shareholding in the Company. [Note to Draft: Any super pro rata rights will be over and above this and should be included here]
Valuation
The valuation section concerns what an investor believes the company is worth. valuation issues addressed in the term sheet will include: pre-money valuation, post-money valuation, capitalization table and price per share.
