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Sudipto: Hi, everyone. Welcome to a very special Matrix Moments series that were doing today. Im Sudipto and Im part of the investment team at Matrix Partners. And as you can see theres a lot more color today in our Matrix Moments than it usually is. And the reason behind that is were in Goa for our annual offsite and over the past few days weve been discussing and debating on multiple different topics from investing, term sheets, on about becoming a VC, not becoming a VC. And we thought well get all of these together and share it with our viewers and call it the Goa Blue series. So welcome to the Goa Blue series. So, hi, everyone. In this episode we will discuss about hard clauses in a term sheet. We have Avnish with us and as early-stage investors generally were always on the same side of the table as the founders are other than the time when were negotiating a term sheet with the founders. And Avnish and I were discussing actually about one particular company a couple of da