What is an investment traunch on a term sheet and what does that mean to the amount you have negotiated?

Traunch is an important term that you need to take time up front to understand prior to starting your investment campaign trail.

If your first investment is $3,000,000 and with the funds you need to build a platform, test the platform, and take the platform to market, then your investor will most likely create traunches that allot amounts to each phase of your path.

Traunch definition: A traunch is one of a series of payments to be paid out over a specified period, subject to cert…