VDR Ch. 14, Part 2: Letters of Intent
Office Hours is our podcast 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, we 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.