What Is A Term Sheet? A term sheet is a document that outlines the key terms and conditions of an investment or exit deal. It serves as a non-binding agreement that provides clarity and scope of ...

Critically, term sheets can also vary in their enforceability—some being binding, some nonbinding or some combination of the two. When deals run into trouble, or fall apart completely, litigants will ...

A term sheet is a non-binding agreement setting forth the basic terms and conditions under which an investment will be made India has been known as the third largest ecosystem of the world, and no ...

Deal parties may be surprised to learn that a term sheet signed as part of early negotiations can, in some circumstances, continue to be binding after the execution of a definitive transaction ...

TL;DR: Whenever an influential organization publishes a “standard” financing document, important questions need to be asked about not just its specific terms, but also the entire concept of “standard” ...

If you’re an entrepreneur like me, you dream of building the next Google, Facebook, Twitter, Apple or [insert name of high-growth, game-changing company here]. You have read all the stories of the ...

For the past few months, I’ve been exploring some of the more confusing terminology in VC term sheets. In my last post, I discussed redemption rights. Today, I’m looking at the non-binding and ...

When startup founders review a VC term sheet, they are mostly only interested in the pre-money valuation and the board composition. They assume the rest of the language is “standard” and they don’t ...

When we launched in 2016, we took the unusual approach of saying we’d buy common stock in startups. We believed then, and still do, that alignment with founders was more important than covering our ...