*The startup sends the investor an email or text message saying "This is to conf...

		001sky on March 14, 2013 \| parent \| context \| favorite \| on: The Handshake Deal Protocol The startup sends the investor an email or text message saying "This is to confirm you're in for <offer>." The investor replies yes. == This not a handshake deal, de-facto or de jure. Therefore, this is a terrible, misleading article. A/k/a why god invented lawyers. [0] The Handshake Deal Protocol (ycombinator.com).