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Dave Brown of Oak Hill took the term sheet back and changed the terms

Oak Hill operating partner — who took the term sheet back to the investor

About this entry

Recalled but not checked against any source. Treat everything here as a first draft awaiting correction.

Person

Who this is

An operating partner at Oak Hill Venture Partners during the Consilient period.

Jonathan Hare's account is that Brown, rather than Conley, dealt with the incoming Series B investor — on the reasoning that Conley as chief executive could not serve both Oak Hill's interests and Consilient's — and that he went back to that investor to substitute a full ratchet for the weighted-average ratchet Hare had negotiated.

The graph

Connected from here

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Provenance

Where this came from

Everything above is a distillation. The primary source is published in full, so that any claim on this page can be walked back to what was actually said — and where the two differ, the source governs.

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What is missing, and how to fix it

This entry is deliberately incomplete. The gaps below are the things only certain people can settle — and settling one is a contribution like any other: recorded, timestamped and attributed to whoever made it.

If you were there

Correct anything wrong, add what only you know, or claim this entry as your own. Write to evidence@qpncatalyst.io and Jonathan directly (both are on the button) — a timestamped confirmation comes back with your submission attached, as your own independent record. No account, no permission, no institutional standing required.

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