When Our Goals Align
This terms sheet is designed to be attractive to startups by highlighting the benefits of each term and demonstrating our commitment to supporting their growth and success. If you have any further questions or need additional assistance, feel free to ask!​
Focus
We focus on investing in early-stage startups, providing the capital and support needed to grow from the ground up.
Early-stage investment allows founders to secure the necessary funding to develop their ideas, build a team, and bring their products to market. Our focus on early-stage startups means we are committed to supporting your vision from the beginning.
Investment
Our typical investment size is less than 500,000 DKK per startup, ensuring that we can support multiple innovative ventures.
This investment size is designed to provide sufficient capital to achieve key milestones without overly diluting founders' equity. It allows startups to validate their ideas and attract further investment.
Duration
We prefer short to medium-term (1-5 years) investments, aligning our goals with the startup's growth trajectory.
This timeframe allows founders to focus on rapid growth and value creation, with the support of an investor who understands the dynamics of early-stage ventures.
Stake
We typically seek a minority stake (Less Than 20%) in the startups we invest in, ensuring that founders retain control and decision-making authority.
By taking a minority stake, we allow founders to maintain control over their company's strategic direction while still benefiting from our investment and expertise.
Representation
We require a seat on the board of directors to actively participate in strategic decisions and provide guidance.
Our presence on the board brings valuable insights and experience to the table, helping founders navigate challenges and make informed decisions.
Reporting
We require regular financial reporting (monthly) to keep us informed about the company's financial health.
Regular financial reporting helps founders maintain transparency and accountability, building trust with investors and providing valuable insights for strategic decision-making.
IP
We require that all intellectual property (IP) created by founders and employees be assigned to the company.
Assigning IP to the company ensures that the startup owns all the rights to its innovations, making it more attractive to future investors and partners.
Structure
We are open to various investment structures, including equity, debt, convertible notes, or SAFEs (Simple Agreement for Future Equity).
This flexibility allows startups to choose the investment structure that best fits their needs and growth plans. It also provides options for future financing rounds.
Exit
Our preferred exit strategy is through acquisition, providing a clear path to liquidity for all shareholders.
An acquisition exit strategy can provide a significant return on investment for founders and early investors, rewarding their hard work and risk-taking.
Vesting
We are flexible regarding the vesting schedule for founders' shares, ensuring that it aligns with the startup's goals and milestones.
A flexible vesting schedule allows founders to focus on long-term growth and retention of key talent, while also providing the security of gradual equity ownership.
Anti-Dilution
We include full ratchet anti-dilution protection to safeguard our investment in case of future down rounds.
While this protects our investment, it also ensures that founders are incentivized to maintain and grow the value of the company, aligning our interests with theirs.
Liquidation
We prefer a 1x participating liquidation preference, ensuring that we receive our initial investment back plus a share of the remaining proceeds.
This structure provides a balance between protecting our investment and allowing founders and other shareholders to participate in the upside of a successful exit.
New Shares
We include pre-emptive rights, giving existing shareholders the first opportunity to purchase new shares issued by the company.
Pre-emptive rights help prevent dilution of existing shareholders' ownership, ensuring that founders and early investors can maintain their stake in the company.