How is the term sheet negotiated and how are investments made?
Once WCC members have identified the amounts they wish to invest in an opportunity, a WCC member will negotiate the term sheet with the entrepreneur. WCC members’ terms of investment follow “standard” terms for financing developed over the years by venture capitalists and other sophisticated investors. These terms explain what is contemplated and what is prohibited. At this point, the entrepreneur is ready for the final stage of Investment and Closing where each interested member of WCC invests individually in the company and signs the appropriate investment agreement.
