This is the ninth in a series of 10 videos presented by Lee Bagshaw on negotiating Series A term sheets.  The aim of the videos is to help startup founders understand the technical content of a typical term sheet, and to highlight the areas that are best to focus on in negotiations with potential investors.

The videos are based around a typical term sheet which you can download above.  The term sheet is marked up from a startup founders’ perspective, and we recommend you watch the video with the mark-up in front of you as Lee refers to it often.

In this latest video Lee discusses the parts of the term sheet which cover default provisions, exit rights and redemption. Subscribe for video updates and we’ll email you when we release new videos.