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Is this normal? (series A term sheet review)

Started by IP_attorney_23 · Nov 28, 2024 · 1,997 views · 3 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
IA
IP_attorney_23 OP

EDIT: added more context below. I'm in a difficult situation and trying to figure out my next steps.

Series A term sheet review. I've been dealing with this for about 9 weeks now and the situation isn't improving.

I have already done some research online but got conflicting advice.

What are the risks if I pursue this? What's the likely timeline?

DT
desperate_times_etc_31

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle haha.

TC
TaxPro_CPA_14

So basically i went through almost the exact same thing.

I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run....

IM
ImmigrationAttyMJ_21

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.