Is this normal? (series A term sheet review)

I publish illustrative scenarios prepared by my practice. The participants and conversations are fictional. These are not posts by real users, accounts of client experiences or reports of actual results.
Started by IP_attorney_23 · Nov 28, 2024 · 1,997 views · 3 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
IA
IP_attorney_23 OP

EDIT: added more context below. I'm in a difficult situation and trying to figure out my next steps.

Series A term sheet review. I've been dealing with this for about 9 weeks now and the situation isn't improving.

I have already done some research online but got conflicting advice.

What are the risks if I pursue this? What's the likely timeline?

DT
desperate_times_etc_31

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle haha.

TC
TaxPro_CPA_14

So basically i went through almost the exact same thing.

I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run....

IM
ImmigrationAttyMJ_21

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.