Investors should be well aware of the terms and conditions when investing in private companies. What happens if there is a down round? What provisions can stop new investors from taking over a cap table? Understanding the economic impact of these terms can help protect your investment. ACE Portal’s Co-Founder and CFO, Carl Torrillo, interviewed Ross Barrett, Co-Founder of VC Experts, on what private investors need to know about terms and conditions. Take a moment and see why it may be “your deal, but my terms”.