>> One of the most important things we've been working on standardizing are investment terms. <<

I can see this being very beneficial, both for the VCs and the startups. The standardization of terminology in any discipline or field allows the people in it to have their lingo easily referenced and indexed, increasing efficiencies. Who wants to wade through a bunch of superfluous gibberish to get to the point?

In grad school, I remember having the realization that every discipline has it's own little shorthand lingo. I remember thinking about how confusion can result when there are clashes/overlaps in, for example, acronyms.

>>An angel who wants to insert a bunch of complicated terms into the agreement is probably not one you want anyway.<<

Exactly: reducing complexity, not increasing it, seems a better objective.