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.