Investors are keeping terms friendly — instead they say ‘no’ more often – TechCrunch

[ad_1] [Editor’s note: Want to get this free weekly recap of news that startups can use by email? Subscribe here.]  Multiple liquidation preferences, full-ratchet anti-dilution clauses and pay-to-play provisions are some of the words that still haunt startup founders who survived downturns in decades past. So far in this downturn, though, investors seem to be sparing the…