SlideShare una empresa de Scribd logo
1 de 13
Term sheet basics Mark Watkins, goby.com Twitter: @viking2917 “ If I have seen further it is by standing on the shoulders of giants”* *(i.e., most of this content came from somebody else…references at the end)
some preliminaries ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
a quick example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A twist ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
VC lingo ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
the basics – what’s a term sheet? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
advanced topics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
a bunch of other stuff ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
the process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
warning signs & things to keep in mind ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
even more advanced topics ,[object Object],[object Object],[object Object]
Legal Stuff ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
resources & reading ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Más contenido relacionado

La actualidad más candente

Term sheet and valuation
Term sheet and valuationTerm sheet and valuation
Term sheet and valuationBlaz Kos
 
Introduction to Venture Capital
Introduction to Venture CapitalIntroduction to Venture Capital
Introduction to Venture Capitalpricew
 
Pre-Money Valuation: How to Calculate It
Pre-Money Valuation: How to Calculate ItPre-Money Valuation: How to Calculate It
Pre-Money Valuation: How to Calculate ItKarl Sjogren
 
Private Equity and Venture Capital Investment Agreements
Private Equity and Venture Capital Investment AgreementsPrivate Equity and Venture Capital Investment Agreements
Private Equity and Venture Capital Investment AgreementsJanice Lederman
 
Venture Financings 101 (SAFEs, Convertible Notes, Seed and Series A) | Bardia...
Venture Financings 101 (SAFEs, Convertible Notes, Seed and Series A) | Bardia...Venture Financings 101 (SAFEs, Convertible Notes, Seed and Series A) | Bardia...
Venture Financings 101 (SAFEs, Convertible Notes, Seed and Series A) | Bardia...UCICove
 
The value-add of VCs
The value-add of VCsThe value-add of VCs
The value-add of VCsBoris Golden
 
Deciphering SAFE, Convertible Notes & Term Sheets
Deciphering SAFE, Convertible Notes & Term SheetsDeciphering SAFE, Convertible Notes & Term Sheets
Deciphering SAFE, Convertible Notes & Term SheetsTytus Cytowski
 
Venture Capital 101
Venture Capital 101Venture Capital 101
Venture Capital 101Joe Medved
 
Venture capital 101 Slide Deck
Venture capital 101 Slide Deck Venture capital 101 Slide Deck
Venture capital 101 Slide Deck Reinventure Group
 
How Convertible Notes Work
How Convertible Notes WorkHow Convertible Notes Work
How Convertible Notes WorkDavid Ehrenberg
 
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
 
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
 
Investment Thesis Fundamentals (April 2016)
Investment Thesis Fundamentals (April 2016)Investment Thesis Fundamentals (April 2016)
Investment Thesis Fundamentals (April 2016)Dave McClure
 
Startup Fundraising 101 Revisited
Startup Fundraising 101 RevisitedStartup Fundraising 101 Revisited
Startup Fundraising 101 RevisitedBernard Moon
 

La actualidad más candente (20)

Term sheet and valuation
Term sheet and valuationTerm sheet and valuation
Term sheet and valuation
 
Cap Tables
Cap TablesCap Tables
Cap Tables
 
Introduction to Venture Capital
Introduction to Venture CapitalIntroduction to Venture Capital
Introduction to Venture Capital
 
Pre-Money Valuation: How to Calculate It
Pre-Money Valuation: How to Calculate ItPre-Money Valuation: How to Calculate It
Pre-Money Valuation: How to Calculate It
 
Private Equity and Venture Capital Investment Agreements
Private Equity and Venture Capital Investment AgreementsPrivate Equity and Venture Capital Investment Agreements
Private Equity and Venture Capital Investment Agreements
 
Venture Financings 101 (SAFEs, Convertible Notes, Seed and Series A) | Bardia...
Venture Financings 101 (SAFEs, Convertible Notes, Seed and Series A) | Bardia...Venture Financings 101 (SAFEs, Convertible Notes, Seed and Series A) | Bardia...
Venture Financings 101 (SAFEs, Convertible Notes, Seed and Series A) | Bardia...
 
The value-add of VCs
The value-add of VCsThe value-add of VCs
The value-add of VCs
 
Deciphering SAFE, Convertible Notes & Term Sheets
Deciphering SAFE, Convertible Notes & Term SheetsDeciphering SAFE, Convertible Notes & Term Sheets
Deciphering SAFE, Convertible Notes & Term Sheets
 
Venture Capital 101
Venture Capital 101Venture Capital 101
Venture Capital 101
 
Venture Capital 101
Venture Capital 101Venture Capital 101
Venture Capital 101
 
Fundraising for startups
Fundraising for startupsFundraising for startups
Fundraising for startups
 
Venture capital 101 Slide Deck
Venture capital 101 Slide Deck Venture capital 101 Slide Deck
Venture capital 101 Slide Deck
 
How Convertible Notes Work
How Convertible Notes WorkHow Convertible Notes Work
How Convertible Notes Work
 
Angel investing 101
Angel investing 101Angel investing 101
Angel investing 101
 
Private Equity Presentation
Private Equity PresentationPrivate Equity Presentation
Private Equity Presentation
 
Startup Valuation for pre-revenue companies
Startup Valuation for pre-revenue companiesStartup Valuation for pre-revenue companies
Startup Valuation for pre-revenue companies
 
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
 
Private equity
Private equityPrivate equity
Private equity
 
Investment Thesis Fundamentals (April 2016)
Investment Thesis Fundamentals (April 2016)Investment Thesis Fundamentals (April 2016)
Investment Thesis Fundamentals (April 2016)
 
Startup Fundraising 101 Revisited
Startup Fundraising 101 RevisitedStartup Fundraising 101 Revisited
Startup Fundraising 101 Revisited
 

Similar a Term Sheet Basics

Angel seed investing
Angel   seed investingAngel   seed investing
Angel seed investingathornborrow
 
Show Me the Money: Converible Debt Vs. Preferred Equity for Seed Fundraising
Show Me the Money:  Converible Debt Vs. Preferred Equity for Seed Fundraising Show Me the Money:  Converible Debt Vs. Preferred Equity for Seed Fundraising
Show Me the Money: Converible Debt Vs. Preferred Equity for Seed Fundraising Thomas Wisniewski
 
Class 9: Introduction to web technology entrepreneurship
Class 9: Introduction to web technology entrepreneurshipClass 9: Introduction to web technology entrepreneurship
Class 9: Introduction to web technology entrepreneurshipallanchao
 
Chapter 8
Chapter 8Chapter 8
Chapter 8matt
 
Measuring The Intangibles A Schnur July2005
Measuring The Intangibles A Schnur July2005Measuring The Intangibles A Schnur July2005
Measuring The Intangibles A Schnur July2005AnthonySchnur
 
2011 Endeavor Summit Hot Topic workshop: Term Sheet Negotiations, the devil i...
2011 Endeavor Summit Hot Topic workshop: Term Sheet Negotiations, the devil i...2011 Endeavor Summit Hot Topic workshop: Term Sheet Negotiations, the devil i...
2011 Endeavor Summit Hot Topic workshop: Term Sheet Negotiations, the devil i...Ariel Muslera
 
[PREMONEY 2013] Josh Cook
[PREMONEY 2013] Josh Cook[PREMONEY 2013] Josh Cook
[PREMONEY 2013] Josh Cook500 Startups
 
Business Law & Order - October 20, 2014 - Financing your Startup
Business Law & Order - October 20, 2014 - Financing your StartupBusiness Law & Order - October 20, 2014 - Financing your Startup
Business Law & Order - October 20, 2014 - Financing your StartupAnnArborSPARK
 
3 Free Happy Birthday In Cursive Printables - Freebi
3 Free Happy Birthday In Cursive Printables - Freebi3 Free Happy Birthday In Cursive Printables - Freebi
3 Free Happy Birthday In Cursive Printables - FreebiCatherine Aguirre
 
All About Funding
All About FundingAll About Funding
All About Fundingdeeturnbull
 
13 0813 webinar q & a legal environment, issues and risk
13 0813  webinar q & a  legal environment, issues and risk13 0813  webinar q & a  legal environment, issues and risk
13 0813 webinar q & a legal environment, issues and riskCleantechOpen
 
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
 
Early stage fundraising
Early stage fundraisingEarly stage fundraising
Early stage fundraisingAriel Poler
 

Similar a Term Sheet Basics (20)

Angel seed investing
Angel   seed investingAngel   seed investing
Angel seed investing
 
Show Me the Money: Converible Debt Vs. Preferred Equity for Seed Fundraising
Show Me the Money:  Converible Debt Vs. Preferred Equity for Seed Fundraising Show Me the Money:  Converible Debt Vs. Preferred Equity for Seed Fundraising
Show Me the Money: Converible Debt Vs. Preferred Equity for Seed Fundraising
 
Stockbasics
StockbasicsStockbasics
Stockbasics
 
Inna
InnaInna
Inna
 
Inna
InnaInna
Inna
 
Class 9: Introduction to web technology entrepreneurship
Class 9: Introduction to web technology entrepreneurshipClass 9: Introduction to web technology entrepreneurship
Class 9: Introduction to web technology entrepreneurship
 
Stock Basics
Stock BasicsStock Basics
Stock Basics
 
Stock Basics
Stock BasicsStock Basics
Stock Basics
 
Chapter 8
Chapter 8Chapter 8
Chapter 8
 
Measuring The Intangibles A Schnur July2005
Measuring The Intangibles A Schnur July2005Measuring The Intangibles A Schnur July2005
Measuring The Intangibles A Schnur July2005
 
Protect Your Equity
Protect Your EquityProtect Your Equity
Protect Your Equity
 
2011 Endeavor Summit Hot Topic workshop: Term Sheet Negotiations, the devil i...
2011 Endeavor Summit Hot Topic workshop: Term Sheet Negotiations, the devil i...2011 Endeavor Summit Hot Topic workshop: Term Sheet Negotiations, the devil i...
2011 Endeavor Summit Hot Topic workshop: Term Sheet Negotiations, the devil i...
 
[PREMONEY 2013] Josh Cook
[PREMONEY 2013] Josh Cook[PREMONEY 2013] Josh Cook
[PREMONEY 2013] Josh Cook
 
Business Law & Order - October 20, 2014 - Financing your Startup
Business Law & Order - October 20, 2014 - Financing your StartupBusiness Law & Order - October 20, 2014 - Financing your Startup
Business Law & Order - October 20, 2014 - Financing your Startup
 
3 Free Happy Birthday In Cursive Printables - Freebi
3 Free Happy Birthday In Cursive Printables - Freebi3 Free Happy Birthday In Cursive Printables - Freebi
3 Free Happy Birthday In Cursive Printables - Freebi
 
All About Funding
All About FundingAll About Funding
All About Funding
 
13 0813 webinar q & a legal environment, issues and risk
13 0813  webinar q & a  legal environment, issues and risk13 0813  webinar q & a  legal environment, issues and risk
13 0813 webinar q & a legal environment, issues and risk
 
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
 
021711 econ investing 50m
021711 econ investing 50m021711 econ investing 50m
021711 econ investing 50m
 
Early stage fundraising
Early stage fundraisingEarly stage fundraising
Early stage fundraising
 

Último

2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...Martijn de Jong
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024The Digital Insurer
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking MenDelhi Call girls
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024The Digital Insurer
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptxHampshireHUG
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Enterprise Knowledge
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking MenDelhi Call girls
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slidespraypatel2
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsEnterprise Knowledge
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘RTylerCroy
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Servicegiselly40
 
A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024Results
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityPrincipled Technologies
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Paola De la Torre
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Scriptwesley chun
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdfhans926745
 
Developing An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilDeveloping An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilV3cube
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure servicePooja Nehwal
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processorsdebabhi2
 

Último (20)

2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slides
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Service
 
A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Developing An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilDeveloping An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of Brazil
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 

Term Sheet Basics

  • 1. Term sheet basics Mark Watkins, goby.com Twitter: @viking2917 “ If I have seen further it is by standing on the shoulders of giants”* *(i.e., most of this content came from somebody else…references at the end)
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.