BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  VC Fundraising: How Bad Term Sheets Kill Startups

VC Fundraising: How Bad Term Sheets Kill Startups

Dr. Sivapalan Vivekarajah, Co-Chair, Soonicorn Collective & Senior Partner, ScaleUp Malaysia | Fong Wai Hong, Chieftain & Co-Founder, Storehub

14-Apr-25 12:00

VC Fundraising: How Bad Term Sheets Kill Startups

Raising capital is a major milestone for any startup, but buried in the fine print of a term sheet could be clauses that haunt you for years. From clawbacks to poison pills, the wrong terms can quietly seal your startup’s pending death.

In this episode of Enterprise Explores, we speak with two ecosystem players who’ve seen both sides of the table: Dr. Sivapalan Vivekarajah, Co-Chair of the Soonicorn Collective and Senior Partner at ScaleUp Malaysia, and Fong Wai Hong, Co-Founder and Chieftain of StoreHub.

They break down the most dangerous clauses founders overlook, the rise of “PE-style” terms disguised as VC deals, and how choosing the wrong investor can kill future fundraising.

You’ll hear hard-earned advice on negotiating term sheets, spotting red flags, and why chasing inflated valuations could cost you more than equity.

Whether you’re fundraising now or preparing for the future, this is essential listening for any founder serious about long-term survival.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  CorporatesmanagingSMEentrepreneursfinancial wellnessinvestments

Tags:  term sheetsfundraisingventure capitalstartupprivate equity





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) In a global debt market of over $100 trillion, the Shariah-compliant Sukuk market has just crossed its own major milestone: $1 trillion. But what exactly are these Islamic financial instruments, how do they differ from conventional debt, and what's driving their rapid growth? Bashar Al Natoor, Global Head of Islamic Finance at Fitch Ratings, joins us to get into all this and more.

12:00 PM

Popcorn Culture

(REPEAT) In the spirit of Merdeka and Malaysia Day, we review three local short films and then on Take 2 go through your favourite Malaysian movies.

1:00 PM

Cruise Control

(REPEAT) It's a review of the new, competitively-priced BYD Atto 2 in this week's episode. Tune in to hear Daniel's thoughts on this car.

2:00 PM

Matt-Splained

(REPEAT) Today, Rich Bradbury and Matt Armitage pose the most explosive question of all and ask: AI, ya basic?

3:00 PM

Earth Matters

(REPEAT) We speak to Dr. Non Arkaraprasertkul, Senior Expert at Thailand’s Digital Economy Promotion Agency, about his work on smart city projects across ASEAN and how technology, policy, and people’s needs can create greener, more livable cities.

4:00 PM

Bar None

(REPEAT) A local football agent joins us in this episode to talk about his world and what goes around in it. Is it as glamorous as it seems?

5:00 PM

BBC World Service

This episode of The Conversation features two women who are managing orchestras in Hungary and the UK.