He's gone to shop around for a new car.
But that you should have been cozened with me, that my cozening should in part have been a natural sequel to your own, rather than an independent error of mine, is a helpful reflection to me in this dark hour.
The intruding investor (VC #2) makes an offer at a pre-money valuation of $15 million, subject to due diligence, and the expiration of the drop dead date, meaning the date in the initial investor's term sheet when exclusivity expires.
drop dead
“They herd cattle, and raise corn, just as we used to do”; i.e., to herd cattle and raise corn. Do is sometimes thus used as a sort of pro-verb to represent an active verb or a phrase.
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