<ul data-eligibleForWebStory="false">Governance and control terms are crucial in VC deals, shaping company relationships and operations.Main aspects include VC-nominated, founder-nominated, and independent directors, along with observer rights.Protective provisions, voting rights, co-sale, drag-along, information rights, no-shop, and key man clauses discussed.Understanding these terms helps entrepreneurs navigate complexities, protect interests, and build strong partnerships.