terms

They'd put the terms higher on the page so that you're more likely to read them.

This stands in pretty sharp distinction to the Kima terms, which involve preferred stock and a number of strings.

If you meet probation terms such as random drug testing and so forth, then your conviction record is "erased".

But at the very least you're already cynical about those things and demand to get paid well enough in risk-adjusted terms.

"Hachette failed to come to mutually agreeable terms with their largest retail partner by dollar and unit volume.

The only thing novel or unique is the fact is that some genius realized that with enough legal terms, you could patent a photo shoot.

Every argument works equally well in terms of fathers as well, yet she doesn't even take that second to even consider the issue.

Let's take a moment and look at how this was handled:The message communicates exactly what happened in clear terms that don't try to cover anyone's ass.

Maybe they just need cash fast and the people they are dealing with it are ready to do it on oppressive terms that are easier swallowed than would be shuttering the venture.

Or, on the positive side, maybe it means taking funds on less than ideal terms but from an investor who will add large value to the venture apart from the cash element.

You retain virtually complete control of the timing and terms of your future funding choices without needing investor approval to make the choices as you like.

I think a lot of the "hating" is a side effect of MongoDB being consistently oversold in terms of its capabilities and architecture.

PG has assessed the broad economic proposition to which I would add the following: YC does take an immediate equity grant but does so with common stock and on terms that don't affect founder stock pricing.

It's the other way around, actually: by law in the US and most countries worldwide, suppliers are free to set whatever prices and terms they like, but retailers have the final authority to set the price that's presented to the retail customer.

But by the far the biggest differential that I see comes with the value-add piece: with YC, founders pay a price in terms of equity they give up but they get huge benefits from becoming part of a network that keys them in to relationships and solutions that can prove invaluable to an early-stage startup.

Much of the "distraction" that founders face in raising money exists precisely because a typical equity round can be a complex process and, apart from needing to sell the economic proposition behind their venture, founders must also make sure that any funds they do take in are taken on reasonable terms.

> "Facebook creeps me out."Whether or not you agree with his decision, having Notch pull away from talks with you creates an instant credibility "situation".It's also noteable that Notch had been meeting with the Oculus team just two weeks ago[0], was tweeting about them in rather gushing terms[1] and seemed incredibly inspired to work on VR ideas[2].He is now the personification of the a near universal feeling of betrayal in the community.