Tough funding terms can hinder start-up growth - forum
Imposing punitive terms on founders in response to governance concerns can prove counterproductive to long-term growth as start-ups move through funding rounds and stipulations intensify, a Singapore Venture Capital & Private Equity Association (SVCA) event heard.
“When high profile investors get burnt, people come out with an arsenal of deal terms – draconian default provisions where they can reach into the founder’s equity, put options that enable them to...
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