A term sheet is defined as a preliminary document that sets out the basic terms and conditions of a business transaction. It is usually drawn up between an investor and a company wishing to raise capital. A more detailed definition of the term can be found in our lexicon.
In the webinar on March 25, 2024, Nicolaus Norden, senior analyst at the well-known VC investor FoodLabs, was our guest. Nico gave a keynote speech on the topic of term sheets and summarized the most important clauses of the document for you.
💡 Our 2 Learnings 💡
A term sheet is short and concise.
There are 6 clauses that are particularly important.
You can find more exciting details in the recording of the keynote speech 👇
As an alternative to FoodLabs, VC investor Cherry Ventures has also published its term sheet. Here you can get an insight into the document . 👈
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