Life insurance, especially whole life insurance, always gets a bad rap on investment discussion boards. (aaii.com)
Most term sheets include some basic confidentiality obligations, as well as exclusivity covenants that require the start - up to cease investment discussions with anyone else, usually for a period of 30 to 60 days. (marsdd.com)
Less typical provisions are exclusivity covenants that require the startup to cease investment discussions with anyone else, but some more organized angel syndicates do include such provisions in their standard term sheets. (marsdd.com)