As described in my book The Art of Startup Fundraising, term sheets can be really scary for new start-up founders. More than anything, it’s the fear of the unknown, or of making a mistake that ...

A term sheet is a non-binding document that outlines the primary terms and conditions of a proposed investment or business deal. Typically used in the early stages of negotiations, it serves as a ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

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 ...