Making Decisions on Preemptive Offers
Sameer advises founders on whether to accept preemptive term sheets at high prices or stay the course, emphasizing the importance of considering the capital needs and potential risks of overcapitalization. He also highlights the value of having a board member who understands the business and is committed for the long term.In this clip
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20VC
20VC: The Crowdstrike Memo: Accel's Sameer Gandhi on Leading Multiple Internal Rounds for Crowdstrike, Telling George Kurtz to Go Shop His Term Sheet, How To Think Through Market Sizing & The Importance of Speed of Execution and Knowing When To Go Slow To
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