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Entrepreneurs are getting better terms in VC deals
March 11, 2011 /
With more venture capital in pursuit of the Next Big Thing, entrepreneurs are finding they can dictate more favorable terms than they could in the past. Among the changes: VCs are no longer demanding a board seat and may accept convertible debt instead of equity in the companies they back.
By PUI-WING TAM And AMIR EFRATI
Full Story: http://online.wsj.com/article/SB10001424052748704758904576188842996426486.html?mod=dist_smartbrief
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