Term sheets are one of the critical pieces to success in venture investing. They come after due diligence and before investment documents. Gillian & Anne dig into what term sheets usually contain, and what’s important for funders and founders to include, exclude and understand, as well as how to negotiate them well for the benefit of all parties. Founders take note: a term sheet is close to the finish line, but there is still a lot of work to be done before you pop that champagne cork.
