VDR Ch. 14, Part 2: Letters of Intent
November 1, 2017 | By Vela Wood
Office Hours is a podcast hosted by Vela Wood venture attorneys Kevin Vela and Aaron Terwey covering general issues related to small businesses and startups. Venture Deals Review is a series of Office Hours episodes discussing the book Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist by Brad Feld and Jason Mendelson.
In this episode, Kevin and Aaron review Chapter 14: “Letters of Intent—The Other Term Sheet” and discuss when to ask for a breakup fee, conditions precedent, and extended no-shop periods.
- Venture Deals Review Ch. 14, Part 1: Letters Of Intent – The Other Term Sheet
- Venture Deals Review Ch. 11: Negotiation Tactics
- Venture Deals Review Ch. 6, Part 2: ROFR, No-Shop & D&O Insurance
- Does Your Idea Really Need An NDA?
- The Four External Pillars Of A Small Business
You can find definitions and examples of terms found in the book and this podcast in our Venture Glossary.
- Break-up Fee
- Due Diligence
- Letter of Intent (LOI)
- Lock-up Period
- Non-Disclosure Agreement (NDA)
- No-Shop Clause
- Private Equity
- Registration Rights
- Secondary Sale
You’ll want to bookmark Venture Glossary as a quick reference for navigating the venture world. We love talking about startups, so follow us on Twitter. And feel free to email us at email@example.com with any comments or suggestions!