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fundraising

Term Sheet

Non-binding document outlining key investment terms before legal documentation.

A Term Sheet is a non-binding document outlining the key terms of an investment. It covers valuation, investment amount, investor rights, board composition, and liquidation preferences. Signing a term sheet starts the due diligence process.

Tips

  • Understand all terms before signing
  • Key terms: valuation, liquidation, board seats
  • Negotiate term sheet, not final docs

Related Terms

DUE DILIGENCEVALUATIONCAP TABLESERIES ALEAD INVESTOR

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