A term sheet in one page
The six lines that matter, and the rest.
Six lines decide most of what a term sheet does to you: amount, valuation, preference, pool, board and pro rata.
Read those six first. Ask about every other line, and expect a calm answer.
E. Brandt
Weiter.
Go deeper · The numbers
Cap table: three rounds, simulated
Change one assumption and watch the founders’ share move.
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Notes from forty pitch meetings
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