Venture capital investors say deals are in danger of unraveling in the midst of a pandemic. Here's their advice for founders trying to raise funding right now.

· Venture capital investors say founders should be concerned about deals falling apart in a pandemic.
· A term sheet is not a legally binding document, so investors are acting within their rights to cancel a deal.
· Venture capitalists told Business Insider that if a startup can wait to raise new funding, it should wait.
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