Gaming is just a manifestation, it’s the content creators that have kept it evolving! In our second #BuildForCreators session, we discussed the opportunities that the gaming industry provides entrepreneurs and creators, thus transforming the creator economy landscape....
How can a creator monetize content on their platforms? Does Twitch have a better monetization strategy than YouTube? In our first #BuildForCreators session, we mapped the creator economy space, discussed challenges faced by content creators and the opportunities that...
Traditional SaaS companies brought with them a change in software pricing, from a licensing model to a fixed recurring model. The next evolution of pricing within SaaS is usage-based pricing – recurring contracts, but variable pricing, often on a monthly /...
“We are in a very critical moment of history. When we look back, we want everyone to say that Signzy is the company that built the bedrock of the embedded digital financial services world.” Ankit Ratan along with Arpit Ratan and Ankur Pandey started Signzy with a...
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.
