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 /...
Not all SaaS companies are VC funded, nor do they need to be. In this session, we’ll discuss what one should keep in mind while bootstrapping a SaaS business. What learnings are more specific to bootstrapped companies, and what are common across funded / bootstrapped...
In our first session, we discussed one of the exciting topics in Fintech right now – The Future of Buy Now, Pay Later. As our first guests, Lizzie Chapman, Founder and CEO of Zest Money and Nitin Gupta, Founder and CEO of Uni, shared insights on BNPL in India...
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.
