Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Terms sheets can be founder-friendly or investor-friendly. The terms sheet provides terms in favor of the founder over the investor or vice versa.\xa0 Here\u2019s how you can tell which one you have. In a founder-friendly terms sheet: There is no expiration date on the investment offer The option pool comes out of both the investor\u2019s portion, as well as the founder\u2019s portion. There is no confidentiality agreement. The founders are free to talk about the deal. There is no liquidation preference for the investors. The startup does not pay investors legal fees. In an investor-friendly terms sheet, these terms go the other way. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today.-----For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group