@anamaria_iuga@AskerChii makes revolutionary product on the VC market🔝
@PocketVC_online allows investors to diversify their portfolio investing in startups with small checks🔥
Realized that my peers don’t have a clue about what is bitcoin and how does it work🤭 I’m not saying everyone should go into technology but understanding how the financial system works, why it sucks and what’s the advantage of bitcoin is so important especially for GenZ, right?
Whether you’re a VC or founder, understanding Term Sheet terminology is CRITICAL.
Here are some terms to know:
- Pre-money valn
- Option pool
- Liquidation pref
- Dividends
- Conversion
- Voting, info & participation rights
- Anti-dilution provisions
- Drag-along
- Board makeup
@heyeaslo I’m still 19😄, but I’d say myself:
Be more open to the world and people
Don’t hesitate to ask stupid questions
Surround yourself with people smarter than you
Don’t pay too much attention to other people's opinions
Without making mistakes you’ll never learn a thing😉