How does the payout to the founders change under each term sheet if the exit valuation is low ($10M), medium ($30M), or high ($100M)?
CellFree – Background You are the founder of CellFree, a cellphone battery and charging unit that allows cellphones to charge wirelessly. CellFree has been in operation for 2 years. For the first year and a half you were able to self- fund your company with $50,000 which you had saved from working at your previous […]