SlideShare una empresa de Scribd logo

5-minute primer on VC Term Sheets

•Descargar como PPT, PDF•
•
Leo Dirac
Leo Dirac

A short introduction to Venture Capital Term Sheets, and in particular the concept of liquidation preferences. Leo Dirac's talk from Ignite Seattle 4. For more detail, see http://embracingchaos.com/business

Economía y finanzasEmpresariales
1 de 20
Venture Capital Term Sheets or How you can make millions of dollars and keep none of it for yourself Leo Parker Dirac UW Business School MBA Candidate Supporter of the Robot Revolution
What you’ll learn ,[object Object],[object Object],[object Object],[object Object],[object Object]
How VC’s work Investor Investor Investor VC fund Investor Startup Startup Startup
When VC is appropriate ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
VC is not for… ,[object Object],[object Object],Zombies!!! Image by Dubb http://www.subdivisionmodeling.com/forums/showthread.php?t=1133
What is a Term Sheet ,[object Object],[object Object],[object Object],[object Object]
What’s in the Term Sheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Valuation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Common Stock Payout Management’s Share VC’s Share
Liquidation Preference ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Liquidation Preference: At low valuation, VC’s take all
At high valuation, payout % approaches ownership %
Liquidation Preference Multipliers
Is this Fair? ,[object Object],[object Object],[object Object]
Preferred Shares are necessary ,[object Object],[object Object]
Dividend Mischief ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
VC’s are not Evil ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cumulative Dividend ,[object Object],[object Object],[object Object],[object Object],[object Object]
Final Tips ,[object Object],[object Object],[object Object],[object Object],[object Object]
Thanks! ,[object Object],[object Object],[object Object]

Recomendados

Skip the J-Curve: An Intro to Venture Capital Secondary
Skip the J-Curve: An Intro to Venture Capital SecondarySkip the J-Curve: An Intro to Venture Capital Secondary
Skip the J-Curve: An Intro to Venture Capital SecondaryDave McClure
 
Venture Capital Term Sheets: The Good, The Bad & The Ugly
Venture Capital Term Sheets: The Good, The Bad & The UglyVenture Capital Term Sheets: The Good, The Bad & The Ugly
Venture Capital Term Sheets: The Good, The Bad & The UglyTim Dick
 
Kleiner Perkins Fund 18
Kleiner Perkins Fund 18Kleiner Perkins Fund 18
Kleiner Perkins Fund 18Kleiner Perkins
 
Understanding Venture Capital
Understanding Venture CapitalUnderstanding Venture Capital
Understanding Venture Capitalsimonolson
 
Guide to VC Term Sheet
Guide to VC Term SheetGuide to VC Term Sheet
Guide to VC Term SheetIldar Khabibullin
 
Venture Capital 101
Venture Capital 101Venture Capital 101
Venture Capital 101Joe Medved
 
Hedge Fund Pitch Book - Terebellum Investment Group
Hedge Fund Pitch Book - Terebellum Investment GroupHedge Fund Pitch Book - Terebellum Investment Group
Hedge Fund Pitch Book - Terebellum Investment GroupFrank Serebrin
 
Venture capital financing
Venture capital financingVenture capital financing
Venture capital financingVidit Jain
 

Recomendados

Skip the J-Curve: An Intro to Venture Capital Secondary
Skip the J-Curve: An Intro to Venture Capital SecondarySkip the J-Curve: An Intro to Venture Capital Secondary
Skip the J-Curve: An Intro to Venture Capital SecondaryDave McClure
 
Venture Capital Term Sheets: The Good, The Bad & The Ugly
Venture Capital Term Sheets: The Good, The Bad & The UglyVenture Capital Term Sheets: The Good, The Bad & The Ugly
Venture Capital Term Sheets: The Good, The Bad & The UglyTim Dick
 
Kleiner Perkins Fund 18
Kleiner Perkins Fund 18Kleiner Perkins Fund 18
Kleiner Perkins Fund 18Kleiner Perkins
 
Understanding Venture Capital
Understanding Venture CapitalUnderstanding Venture Capital
Understanding Venture Capitalsimonolson
 
Guide to VC Term Sheet
Guide to VC Term SheetGuide to VC Term Sheet
Guide to VC Term SheetIldar Khabibullin
 
Venture Capital 101
Venture Capital 101Venture Capital 101
Venture Capital 101Joe Medved
 
Hedge Fund Pitch Book - Terebellum Investment Group
Hedge Fund Pitch Book - Terebellum Investment GroupHedge Fund Pitch Book - Terebellum Investment Group
Hedge Fund Pitch Book - Terebellum Investment GroupFrank Serebrin
 
Venture capital financing
Venture capital financingVenture capital financing
Venture capital financingVidit Jain
 
Venture Capital Unlocked (Stanford) / Venture Capital 2.0
Venture Capital Unlocked (Stanford) / Venture Capital 2.0Venture Capital Unlocked (Stanford) / Venture Capital 2.0
Venture Capital Unlocked (Stanford) / Venture Capital 2.0Dave McClure
 
Notation Capital Fund 1 pitch deck
Notation Capital Fund 1 pitch deckNotation Capital Fund 1 pitch deck
Notation Capital Fund 1 pitch deckNotation Capital
 
VC Fundraising Deck Template: Carta x Kauffman Fellows
VC Fundraising Deck Template: Carta x Kauffman FellowsVC Fundraising Deck Template: Carta x Kauffman Fellows
VC Fundraising Deck Template: Carta x Kauffman FellowsNihar Neelakanti
 
Venture Capital 101
Venture Capital 101Venture Capital 101
Venture Capital 101Eventbrite
 
The Helpful VC (June 2019)
The Helpful VC (June 2019)The Helpful VC (June 2019)
The Helpful VC (June 2019)Dave McClure
 
Fundamentals of Venture Capital
Fundamentals of Venture CapitalFundamentals of Venture Capital
Fundamentals of Venture CapitalManish Singhal
 
Slash | The Venture Builder Playbook (5 may2021)
Slash | The Venture Builder Playbook (5 may2021)Slash | The Venture Builder Playbook (5 may2021)
Slash | The Venture Builder Playbook (5 may2021)Slash
 
Term Sheet Basics
Term Sheet BasicsTerm Sheet Basics
Term Sheet BasicsMark Watkins
 
How to VC: Creating a VC fund portfolio model
How to VC: Creating a VC fund portfolio modelHow to VC: Creating a VC fund portfolio model
How to VC: Creating a VC fund portfolio modelDave McClure
 
The Best Way to Fund your Startup
The Best Way to Fund your StartupThe Best Way to Fund your Startup
The Best Way to Fund your StartupInflection Point Executive Coaching & Consulting for Med/Tech, BioPharma and Healthcare Services
 
Session 11: Term Sheet Fundamentals
Session 11: Term Sheet FundamentalsSession 11: Term Sheet Fundamentals
Session 11: Term Sheet FundamentalsManish Singhal
 
Fundraising process
Fundraising process Fundraising process
Fundraising process Benjamin Scherer
 
Startup Studio Pitch - Best Practices
Startup Studio Pitch - Best PracticesStartup Studio Pitch - Best Practices
Startup Studio Pitch - Best PracticesStartup Studio Monterrey
 
Investment Thesis Fundamentals (April 2016)
Investment Thesis Fundamentals (April 2016)Investment Thesis Fundamentals (April 2016)
Investment Thesis Fundamentals (April 2016)Dave McClure
 
Deciphering SAFE, Convertible Notes & Term Sheets
Deciphering SAFE, Convertible Notes & Term SheetsDeciphering SAFE, Convertible Notes & Term Sheets
Deciphering SAFE, Convertible Notes & Term SheetsTytus Cytowski
 
Understanding VC Term Sheets
Understanding VC Term SheetsUnderstanding VC Term Sheets
Understanding VC Term SheetsMark Haddad
 
Startup Valuation for pre-revenue companies
Startup Valuation for pre-revenue companiesStartup Valuation for pre-revenue companies
Startup Valuation for pre-revenue companiesOlivia Passoni, CVA
 
Notation: Pre-seed Investing & Risk
Notation: Pre-seed Investing & RiskNotation: Pre-seed Investing & Risk
Notation: Pre-seed Investing & RiskNotation Capital
 
Hack Fund V - Pitch Deck
Hack Fund V - Pitch DeckHack Fund V - Pitch Deck
Hack Fund V - Pitch DeckHack Fund V
 
Raising Seed Capital
Raising Seed CapitalRaising Seed Capital
Raising Seed CapitalSteve Schlafman
 
This is how a standard term-sheet looks like
This is how a standard term-sheet looks likeThis is how a standard term-sheet looks like
This is how a standard term-sheet looks likeAbdullah Alshalabi
 
MaGIC Startup Academy Launch : Day 3 How To Negotiate A Term Sheet
MaGIC Startup Academy Launch : Day 3 How To Negotiate A Term SheetMaGIC Startup Academy Launch : Day 3 How To Negotiate A Term Sheet
MaGIC Startup Academy Launch : Day 3 How To Negotiate A Term SheetMalaysian Global Innovation and Creativity Centre ( MaGIC)
 

Más contenido relacionado

La actualidad más candente

Venture Capital Unlocked (Stanford) / Venture Capital 2.0
Venture Capital Unlocked (Stanford) / Venture Capital 2.0Venture Capital Unlocked (Stanford) / Venture Capital 2.0
Venture Capital Unlocked (Stanford) / Venture Capital 2.0Dave McClure
 
Notation Capital Fund 1 pitch deck
Notation Capital Fund 1 pitch deckNotation Capital Fund 1 pitch deck
Notation Capital Fund 1 pitch deckNotation Capital
 
VC Fundraising Deck Template: Carta x Kauffman Fellows
VC Fundraising Deck Template: Carta x Kauffman FellowsVC Fundraising Deck Template: Carta x Kauffman Fellows
VC Fundraising Deck Template: Carta x Kauffman FellowsNihar Neelakanti
 
Venture Capital 101
Venture Capital 101Venture Capital 101
Venture Capital 101Eventbrite
 
The Helpful VC (June 2019)
The Helpful VC (June 2019)The Helpful VC (June 2019)
The Helpful VC (June 2019)Dave McClure
 
Fundamentals of Venture Capital
Fundamentals of Venture CapitalFundamentals of Venture Capital
Fundamentals of Venture CapitalManish Singhal
 
Slash | The Venture Builder Playbook (5 may2021)
Slash | The Venture Builder Playbook (5 may2021)Slash | The Venture Builder Playbook (5 may2021)
Slash | The Venture Builder Playbook (5 may2021)Slash
 
How to VC: Creating a VC fund portfolio model
How to VC: Creating a VC fund portfolio modelHow to VC: Creating a VC fund portfolio model
How to VC: Creating a VC fund portfolio modelDave McClure
 
Session 11: Term Sheet Fundamentals
Session 11: Term Sheet FundamentalsSession 11: Term Sheet Fundamentals
Session 11: Term Sheet FundamentalsManish Singhal
 
Investment Thesis Fundamentals (April 2016)
Investment Thesis Fundamentals (April 2016)Investment Thesis Fundamentals (April 2016)
Investment Thesis Fundamentals (April 2016)Dave McClure
 
Deciphering SAFE, Convertible Notes & Term Sheets
Deciphering SAFE, Convertible Notes & Term SheetsDeciphering SAFE, Convertible Notes & Term Sheets
Deciphering SAFE, Convertible Notes & Term SheetsTytus Cytowski
 
Understanding VC Term Sheets
Understanding VC Term SheetsUnderstanding VC Term Sheets
Understanding VC Term SheetsMark Haddad
 
Startup Valuation for pre-revenue companies
Startup Valuation for pre-revenue companiesStartup Valuation for pre-revenue companies
Startup Valuation for pre-revenue companiesOlivia Passoni, CVA
 
Notation: Pre-seed Investing & Risk
Notation: Pre-seed Investing & RiskNotation: Pre-seed Investing & Risk
Notation: Pre-seed Investing & RiskNotation Capital
 
Hack Fund V - Pitch Deck
Hack Fund V - Pitch DeckHack Fund V - Pitch Deck
Hack Fund V - Pitch DeckHack Fund V
 

La actualidad más candente (20)

Venture Capital Unlocked (Stanford) / Venture Capital 2.0
Venture Capital Unlocked (Stanford) / Venture Capital 2.0Venture Capital Unlocked (Stanford) / Venture Capital 2.0
Venture Capital Unlocked (Stanford) / Venture Capital 2.0
 
Notation Capital Fund 1 pitch deck
Notation Capital Fund 1 pitch deckNotation Capital Fund 1 pitch deck
Notation Capital Fund 1 pitch deck
 
VC Fundraising Deck Template: Carta x Kauffman Fellows
VC Fundraising Deck Template: Carta x Kauffman FellowsVC Fundraising Deck Template: Carta x Kauffman Fellows
VC Fundraising Deck Template: Carta x Kauffman Fellows
 
Venture Capital 101
Venture Capital 101Venture Capital 101
Venture Capital 101
 
The Helpful VC (June 2019)
The Helpful VC (June 2019)The Helpful VC (June 2019)
The Helpful VC (June 2019)
 
Fundamentals of Venture Capital
Fundamentals of Venture CapitalFundamentals of Venture Capital
Fundamentals of Venture Capital
 
Slash | The Venture Builder Playbook (5 may2021)
Slash | The Venture Builder Playbook (5 may2021)Slash | The Venture Builder Playbook (5 may2021)
Slash | The Venture Builder Playbook (5 may2021)
 
Term Sheet Basics
Term Sheet BasicsTerm Sheet Basics
Term Sheet Basics
 
How to VC: Creating a VC fund portfolio model
How to VC: Creating a VC fund portfolio modelHow to VC: Creating a VC fund portfolio model
How to VC: Creating a VC fund portfolio model
 
The Best Way to Fund your Startup
The Best Way to Fund your StartupThe Best Way to Fund your Startup
The Best Way to Fund your Startup
 
Session 11: Term Sheet Fundamentals
Session 11: Term Sheet FundamentalsSession 11: Term Sheet Fundamentals
Session 11: Term Sheet Fundamentals
 
Fundraising process
Fundraising process Fundraising process
Fundraising process
 
Startup Studio Pitch - Best Practices
Startup Studio Pitch - Best PracticesStartup Studio Pitch - Best Practices
Startup Studio Pitch - Best Practices
 
Investment Thesis Fundamentals (April 2016)
Investment Thesis Fundamentals (April 2016)Investment Thesis Fundamentals (April 2016)
Investment Thesis Fundamentals (April 2016)
 
Deciphering SAFE, Convertible Notes & Term Sheets
Deciphering SAFE, Convertible Notes & Term SheetsDeciphering SAFE, Convertible Notes & Term Sheets
Deciphering SAFE, Convertible Notes & Term Sheets
 
Understanding VC Term Sheets
Understanding VC Term SheetsUnderstanding VC Term Sheets
Understanding VC Term Sheets
 
Startup Valuation for pre-revenue companies
Startup Valuation for pre-revenue companiesStartup Valuation for pre-revenue companies
Startup Valuation for pre-revenue companies
 
Notation: Pre-seed Investing & Risk
Notation: Pre-seed Investing & RiskNotation: Pre-seed Investing & Risk
Notation: Pre-seed Investing & Risk
 
Hack Fund V - Pitch Deck
Hack Fund V - Pitch DeckHack Fund V - Pitch Deck
Hack Fund V - Pitch Deck
 
Raising Seed Capital
Raising Seed CapitalRaising Seed Capital
Raising Seed Capital
 

Destacado

This is how a standard term-sheet looks like
This is how a standard term-sheet looks likeThis is how a standard term-sheet looks like
This is how a standard term-sheet looks likeAbdullah Alshalabi
 
Strategy consultant perfomance appraisal 2
Strategy consultant perfomance appraisal 2Strategy consultant perfomance appraisal 2
Strategy consultant perfomance appraisal 2tonychoper0704
 
Pre-Series A Funding Vehicles ( Convertible Notes, SAFE, KISS, etc.)
Pre-Series A Funding Vehicles ( Convertible Notes, SAFE, KISS, etc.)Pre-Series A Funding Vehicles ( Convertible Notes, SAFE, KISS, etc.)
Pre-Series A Funding Vehicles ( Convertible Notes, SAFE, KISS, etc.)ideatoipo
 
Term Sheet Venture Capital Competition Avenues 08
Term Sheet Venture Capital Competition Avenues 08Term Sheet Venture Capital Competition Avenues 08
Term Sheet Venture Capital Competition Avenues 08doshihardik
 
Term Sheets en Venture Capital - Sebastian Ortega
Term Sheets en Venture Capital - Sebastian OrtegaTerm Sheets en Venture Capital - Sebastian Ortega
Term Sheets en Venture Capital - Sebastian OrtegaQuanbit
 
Bentley Presentation C
Bentley Presentation CBentley Presentation C
Bentley Presentation CRicklawboston
 
Presentation on termsheet at EstBAN and LatBAN Summer Camp 2014 by Anne Veerpalu
Presentation on termsheet at EstBAN and LatBAN Summer Camp 2014 by Anne VeerpaluPresentation on termsheet at EstBAN and LatBAN Summer Camp 2014 by Anne Veerpalu
Presentation on termsheet at EstBAN and LatBAN Summer Camp 2014 by Anne VeerpaluAnne Veerpalu
 
Entrepreneur Workshop - Understanding Term Sheets
Entrepreneur Workshop - Understanding Term SheetsEntrepreneur Workshop - Understanding Term Sheets
Entrepreneur Workshop - Understanding Term SheetsMaple Leaf Angels
 
Entrepreneur Workshop - Negotiating the Deal
Entrepreneur Workshop - Negotiating the DealEntrepreneur Workshop - Negotiating the Deal
Entrepreneur Workshop - Negotiating the DealMaple Leaf Angels
 
Negotiating the Preferred Stock Term Sheet
Negotiating the Preferred Stock Term SheetNegotiating the Preferred Stock Term Sheet
Negotiating the Preferred Stock Term SheetBart Greenberg
 
Starting your Startup
Starting your StartupStarting your Startup
Starting your StartupJoe Stump
 
Startup Investor Workshop (Intermediate Session) | Brightspark Ventures and O...
Startup Investor Workshop (Intermediate Session) | Brightspark Ventures and O...Startup Investor Workshop (Intermediate Session) | Brightspark Ventures and O...
Startup Investor Workshop (Intermediate Session) | Brightspark Ventures and O...Brightspark Ventures
 
AnatomyTermSheet_Updated_11.14.PDF
AnatomyTermSheet_Updated_11.14.PDFAnatomyTermSheet_Updated_11.14.PDF
AnatomyTermSheet_Updated_11.14.PDFbhron
 
Negotiating Series A Term Sheets
Negotiating Series A Term SheetsNegotiating Series A Term Sheets
Negotiating Series A Term Sheetsbhron
 
Pref stock & bonds (1)
Pref stock & bonds (1)Pref stock & bonds (1)
Pref stock & bonds (1)Kumar Sunny
 
Before Series A - Convertible Note and Series Seed Funding for Startups
Before Series A - Convertible Note and Series Seed Funding for Startups Before Series A - Convertible Note and Series Seed Funding for Startups
Before Series A - Convertible Note and Series Seed Funding for Startups ldef2001
 
My Business is Growing, Now What? Financial Management Skills for the Entrepr...
My Business is Growing, Now What? Financial Management Skills for the Entrepr...My Business is Growing, Now What? Financial Management Skills for the Entrepr...
My Business is Growing, Now What? Financial Management Skills for the Entrepr...McKonly & Asbury, LLP
 
Chronix as Long-Term Storage for Prometheus
Chronix as Long-Term Storage for PrometheusChronix as Long-Term Storage for Prometheus
Chronix as Long-Term Storage for PrometheusQAware GmbH
 

Destacado (20)

This is how a standard term-sheet looks like
This is how a standard term-sheet looks likeThis is how a standard term-sheet looks like
This is how a standard term-sheet looks like
 
MaGIC Startup Academy Launch : Day 3 How To Negotiate A Term Sheet
MaGIC Startup Academy Launch : Day 3 How To Negotiate A Term SheetMaGIC Startup Academy Launch : Day 3 How To Negotiate A Term Sheet
MaGIC Startup Academy Launch : Day 3 How To Negotiate A Term Sheet
 
Strategy consultant perfomance appraisal 2
Strategy consultant perfomance appraisal 2Strategy consultant perfomance appraisal 2
Strategy consultant perfomance appraisal 2
 
Pre-Series A Funding Vehicles ( Convertible Notes, SAFE, KISS, etc.)
Pre-Series A Funding Vehicles ( Convertible Notes, SAFE, KISS, etc.)Pre-Series A Funding Vehicles ( Convertible Notes, SAFE, KISS, etc.)
Pre-Series A Funding Vehicles ( Convertible Notes, SAFE, KISS, etc.)
 
Term Sheet Venture Capital Competition Avenues 08
Term Sheet Venture Capital Competition Avenues 08Term Sheet Venture Capital Competition Avenues 08
Term Sheet Venture Capital Competition Avenues 08
 
Term Sheets en Venture Capital - Sebastian Ortega
Term Sheets en Venture Capital - Sebastian OrtegaTerm Sheets en Venture Capital - Sebastian Ortega
Term Sheets en Venture Capital - Sebastian Ortega
 
Bentley Presentation C
Bentley Presentation CBentley Presentation C
Bentley Presentation C
 
Presentation on termsheet at EstBAN and LatBAN Summer Camp 2014 by Anne Veerpalu
Presentation on termsheet at EstBAN and LatBAN Summer Camp 2014 by Anne VeerpaluPresentation on termsheet at EstBAN and LatBAN Summer Camp 2014 by Anne Veerpalu
Presentation on termsheet at EstBAN and LatBAN Summer Camp 2014 by Anne Veerpalu
 
Entrepreneur Workshop - Understanding Term Sheets
Entrepreneur Workshop - Understanding Term SheetsEntrepreneur Workshop - Understanding Term Sheets
Entrepreneur Workshop - Understanding Term Sheets
 
Entrepreneur Workshop: Understanding Investor Term Sheets
Entrepreneur Workshop: Understanding Investor Term SheetsEntrepreneur Workshop: Understanding Investor Term Sheets
Entrepreneur Workshop: Understanding Investor Term Sheets
 
Entrepreneur Workshop - Negotiating the Deal
Entrepreneur Workshop - Negotiating the DealEntrepreneur Workshop - Negotiating the Deal
Entrepreneur Workshop - Negotiating the Deal
 
Negotiating the Preferred Stock Term Sheet
Negotiating the Preferred Stock Term SheetNegotiating the Preferred Stock Term Sheet
Negotiating the Preferred Stock Term Sheet
 
Starting your Startup
Starting your StartupStarting your Startup
Starting your Startup
 
Startup Investor Workshop (Intermediate Session) | Brightspark Ventures and O...
Startup Investor Workshop (Intermediate Session) | Brightspark Ventures and O...Startup Investor Workshop (Intermediate Session) | Brightspark Ventures and O...
Startup Investor Workshop (Intermediate Session) | Brightspark Ventures and O...
 
AnatomyTermSheet_Updated_11.14.PDF
AnatomyTermSheet_Updated_11.14.PDFAnatomyTermSheet_Updated_11.14.PDF
AnatomyTermSheet_Updated_11.14.PDF
 
Negotiating Series A Term Sheets
Negotiating Series A Term SheetsNegotiating Series A Term Sheets
Negotiating Series A Term Sheets
 
Pref stock & bonds (1)
Pref stock & bonds (1)Pref stock & bonds (1)
Pref stock & bonds (1)
 
Before Series A - Convertible Note and Series Seed Funding for Startups
Before Series A - Convertible Note and Series Seed Funding for Startups Before Series A - Convertible Note and Series Seed Funding for Startups
Before Series A - Convertible Note and Series Seed Funding for Startups
 
My Business is Growing, Now What? Financial Management Skills for the Entrepr...
My Business is Growing, Now What? Financial Management Skills for the Entrepr...My Business is Growing, Now What? Financial Management Skills for the Entrepr...
My Business is Growing, Now What? Financial Management Skills for the Entrepr...
 
Chronix as Long-Term Storage for Prometheus
Chronix as Long-Term Storage for PrometheusChronix as Long-Term Storage for Prometheus
Chronix as Long-Term Storage for Prometheus
 

Similar a 5-minute primer on VC Term Sheets

All About Funding
All About FundingAll About Funding
All About Fundingdeeturnbull
 
Vc Intro Seedfund Iimc
Vc Intro Seedfund IimcVc Intro Seedfund Iimc
Vc Intro Seedfund Iimcguestab57a1
 
Starting Up:Introduction to venture Capital: by Anand Lunia
Starting Up:Introduction to venture Capital: by Anand LuniaStarting Up:Introduction to venture Capital: by Anand Lunia
Starting Up:Introduction to venture Capital: by Anand LuniaGetEvangelized
 
New Ventures BC Dialling for Dollars 20080528
New Ventures BC Dialling for Dollars 20080528New Ventures BC Dialling for Dollars 20080528
New Ventures BC Dialling for Dollars 20080528David Shore
 
Investors 101 - Mitchell Patterson
Investors 101 - Mitchell PattersonInvestors 101 - Mitchell Patterson
Investors 101 - Mitchell Pattersonlevelupcon
 
[PREMONEY 2013] Josh Cook
[PREMONEY 2013] Josh Cook[PREMONEY 2013] Josh Cook
[PREMONEY 2013] Josh Cook500 Startups
 
AASU Conference- Financing Your Dreams - Feb 2020
AASU Conference- Financing Your Dreams - Feb 2020AASU Conference- Financing Your Dreams - Feb 2020
AASU Conference- Financing Your Dreams - Feb 2020David Chang
 
14 Deadly Conditions of VC Term Sheets
14 Deadly Conditions of VC Term Sheets14 Deadly Conditions of VC Term Sheets
14 Deadly Conditions of VC Term SheetsMark Bakker
 
How to Get Venture and Angel Funding for Your Tech Startup
How to Get Venture and Angel Funding for Your Tech StartupHow to Get Venture and Angel Funding for Your Tech Startup
How to Get Venture and Angel Funding for Your Tech Startupideatoipo
 
How to Get Venture and Angel Funding for Your Tech Startup  .pptx
How to Get Venture and Angel Funding for Your Tech Startup  .pptxHow to Get Venture and Angel Funding for Your Tech Startup  .pptx
How to Get Venture and Angel Funding for Your Tech Startup  .pptxRoger Royse
 
How to Get Venture and Angel Funding for Your Tech Startup
How to Get Venture and Angel Funding for Your Tech StartupHow to Get Venture and Angel Funding for Your Tech Startup
How to Get Venture and Angel Funding for Your Tech Startupideatoipo
 
Startup MBA 3.1 - Funding, equity, valuations
Startup MBA 3.1 - Funding, equity, valuationsStartup MBA 3.1 - Funding, equity, valuations
Startup MBA 3.1 - Funding, equity, valuationsFounder-Centric
 
New Ventures BC Dialling for Dollars 2007
New Ventures BC Dialling for Dollars 2007New Ventures BC Dialling for Dollars 2007
New Ventures BC Dialling for Dollars 2007David Shore
 
SMU Training Track #7: How to Finance Your Business
SMU Training Track #7: How to Finance Your BusinessSMU Training Track #7: How to Finance Your Business
SMU Training Track #7: How to Finance Your BusinessStartMeUp Ryerson
 
Bridge to MassChallenge India - How to Raise a Seed Round - Oct 2020
Bridge to MassChallenge India - How to Raise a Seed Round - Oct 2020Bridge to MassChallenge India - How to Raise a Seed Round - Oct 2020
Bridge to MassChallenge India - How to Raise a Seed Round - Oct 2020David Chang
 
Keith White from Burkland Associates on Startup Fundraisings AngelLaunch 2014...
Keith White from Burkland Associates on Startup Fundraisings AngelLaunch 2014...Keith White from Burkland Associates on Startup Fundraisings AngelLaunch 2014...
Keith White from Burkland Associates on Startup Fundraisings AngelLaunch 2014...Keith White
 

Similar a 5-minute primer on VC Term Sheets (20)

All About Funding
All About FundingAll About Funding
All About Funding
 
Vc Intro Seedfund Iimc
Vc Intro Seedfund IimcVc Intro Seedfund Iimc
Vc Intro Seedfund Iimc
 
Starting Up:Introduction to venture Capital: by Anand Lunia
Starting Up:Introduction to venture Capital: by Anand LuniaStarting Up:Introduction to venture Capital: by Anand Lunia
Starting Up:Introduction to venture Capital: by Anand Lunia
 
Angel Fundraising
Angel FundraisingAngel Fundraising
Angel Fundraising
 
New Ventures BC Dialling for Dollars 20080528
New Ventures BC Dialling for Dollars 20080528New Ventures BC Dialling for Dollars 20080528
New Ventures BC Dialling for Dollars 20080528
 
Angel Investing 101
Angel Investing 101Angel Investing 101
Angel Investing 101
 
Investors 101 - Mitchell Patterson
Investors 101 - Mitchell PattersonInvestors 101 - Mitchell Patterson
Investors 101 - Mitchell Patterson
 
[PREMONEY 2013] Josh Cook
[PREMONEY 2013] Josh Cook[PREMONEY 2013] Josh Cook
[PREMONEY 2013] Josh Cook
 
AASU Conference- Financing Your Dreams - Feb 2020
AASU Conference- Financing Your Dreams - Feb 2020AASU Conference- Financing Your Dreams - Feb 2020
AASU Conference- Financing Your Dreams - Feb 2020
 
14 Deadly Conditions of VC Term Sheets
14 Deadly Conditions of VC Term Sheets14 Deadly Conditions of VC Term Sheets
14 Deadly Conditions of VC Term Sheets
 
04_08_Ravi Belani_VC overview.pptx
04_08_Ravi Belani_VC overview.pptx04_08_Ravi Belani_VC overview.pptx
04_08_Ravi Belani_VC overview.pptx
 
How to Get Venture and Angel Funding for Your Tech Startup
How to Get Venture and Angel Funding for Your Tech StartupHow to Get Venture and Angel Funding for Your Tech Startup
How to Get Venture and Angel Funding for Your Tech Startup
 
How to Get Venture and Angel Funding for Your Tech Startup  .pptx
How to Get Venture and Angel Funding for Your Tech Startup  .pptxHow to Get Venture and Angel Funding for Your Tech Startup  .pptx
How to Get Venture and Angel Funding for Your Tech Startup  .pptx
 
How to Get Venture and Angel Funding for Your Tech Startup
How to Get Venture and Angel Funding for Your Tech StartupHow to Get Venture and Angel Funding for Your Tech Startup
How to Get Venture and Angel Funding for Your Tech Startup
 
Startup MBA 3.1 - Funding, equity, valuations
Startup MBA 3.1 - Funding, equity, valuationsStartup MBA 3.1 - Funding, equity, valuations
Startup MBA 3.1 - Funding, equity, valuations
 
New Ventures BC Dialling for Dollars 2007
New Ventures BC Dialling for Dollars 2007New Ventures BC Dialling for Dollars 2007
New Ventures BC Dialling for Dollars 2007
 
EIA 2015 How VC Funding Works
EIA 2015 How VC Funding WorksEIA 2015 How VC Funding Works
EIA 2015 How VC Funding Works
 
SMU Training Track #7: How to Finance Your Business
SMU Training Track #7: How to Finance Your BusinessSMU Training Track #7: How to Finance Your Business
SMU Training Track #7: How to Finance Your Business
 
Bridge to MassChallenge India - How to Raise a Seed Round - Oct 2020
Bridge to MassChallenge India - How to Raise a Seed Round - Oct 2020Bridge to MassChallenge India - How to Raise a Seed Round - Oct 2020
Bridge to MassChallenge India - How to Raise a Seed Round - Oct 2020
 
Keith White from Burkland Associates on Startup Fundraisings AngelLaunch 2014...
Keith White from Burkland Associates on Startup Fundraisings AngelLaunch 2014...Keith White from Burkland Associates on Startup Fundraisings AngelLaunch 2014...
Keith White from Burkland Associates on Startup Fundraisings AngelLaunch 2014...
 

Último

The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfGale Pooley
 
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Bookingroncy bisnoi
 
The Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfThe Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfGale Pooley
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Call Girls in Nagpur High Profile
 
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdfFinTech Belgium
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptxFinTech Belgium
 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...priyasharma62062
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...ssifa0344
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Call Girls in Nagpur High Profile
 
The Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdfThe Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdfGale Pooley
 
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Pooja Nehwal
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptxFinTech Belgium
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfMichael Silva
 
Indore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfIndore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfSaviRakhecha1
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdfAdnet Communications
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...dipikadinghjn ( Why You Choose Us? ) Escorts
 

Último (20)

The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdf
 
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
 
The Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfThe Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdf
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
 
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx
 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
 
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
 
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
Booking open Available Pune Call Girls Wadgaon Sheri 6297143586 Call Hot Ind...
 
The Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdfThe Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdf
 
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdf
 
Indore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfIndore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdf
 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
 
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
 
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
 

5-minute primer on VC Term Sheets

Notas del editor

  1. Hi everybody. My name’s Leo, and I’m going to explain a few things about venture capital term sheets. And I’ll try to talk a little slower than I did last time I was up here. Hopefully you’ll be able to follow along a little better.