Fine Print: Understanding Key Deal Terms and How They Can Affect Your Returns

It’s exciting news! The CEO of one of your investments tells you that a buyer expressed serious interest in acquiring her company for $30M. Since the company has struggled to find huge growth, you are relieved and do a quick mental “back of the envelope” calculation and you figure you’ve bagged a 5x return in a couple of years. Not too bad for one of your first angel deals!