@mentor001
KnotSolo founder & CEO of a Seed Healthtech in 🇨🇦 Canada.
Got a term sheet with 2x participating preferred. Walk or sign?
Small round, our first priced. The lead wants 2x participating preferred. I've read enough to know participating is unusual at our stage and 2x is aggressive. But this is our only term sheet. We've been at it for 7 months. Cash is short. I…