>  1) Who is responsible for making the term sheet, Investor or Entrepreneur?

Experienced investors will have one to kick start the negotiations
otherwise its up to the founder.

>  2) What's the ideal equity percentage that's given to an Investor funding an early stage start-up ?

Depends on the valuation and money raised but generally expect between
15-20%. The ideal should be to not lose control(retain majority, issue
prefs, etc...) and to put in protections in the shareholders agreement
that protect the founders and certain decisions. All the investors are
putting in is money while the founder is taking all the risk to create
value.

On a side note, there is an event[1] coming up on the Angani implosion
that I would expect to cover these issues and the consequences of a
poorly structured investment with bad investors.

1. http://www.strathmore.edu/en/calendar/79/529-SAEN-Lessons-from-Silicon-Savannah-The-Angani-Story

/CJ

On Fri, May 20, 2016 at 5:54 PM, Vincent Mosoti via skunkworks
<skunkworks@lists.my.co.ke> wrote:
> For Investors/ Entrepreneurs in the list, i have 2 questions regarding the
> subject;
>
> 1) Who is responsible for making the term sheet, Investor or Entrepreneur?
> 2) What's the ideal equity percentage that's given to an Investor funding an
> early stage start-up ?
>
> NB: If anybody has a term sheet template specifically for Kenyan market,
> please do share.
>
> --
> Vincent Mosoti,
> Analytics/Business Intelligence Consultant.
> Skype: vmmosoti
> Phone:  +254 722 972805
> LinkedIn: ke.linkedin.com/in/vmosoti
>

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