Subscribe
Sign in
p/two-page-term-sheetSimple term sheet for early-stage venture capital financings
Start new thread
Christoph Janz

Two-page Term Sheet — Simple term sheet for early-stage venture capital financings

11
•

If a term sheet is longer than 2-3 pages, chances are that 90% of the provisions are aimed at situations which almost never occur. This no-nonsense templates aims to make the life of founders, VCs, and maybe even their lawyers a little easier.

Add a comment

Replies
Best
Leonardo
Very nice. Love the transparency.
@Bernardamus
Would this TS apply also to Europe? Do you have any similar template of TS just for CoFounders before they go after VC?
Shahed Khan
Top Product
This is brilliant. Thank you @chrija and Point 9 team for creating a streamlined term sheet. This will save *SO* much time & money for all parties involved in a financing. 🙏
Nico Lumma
Thanks!
Michael Moore
I filled this out, when will you counter-sign ;)
Ouriel Ohayon
what if it is a CLA?
Christoph Janz
Maker
@ourielohayon we’re open to that too. The TS template is not exhaustive in the sense that we insist on it. It just means we won’t push for other terms.
Ramesh Ghimire
Great Document. Quite well standardised! Also, @chrija what do you think about Shareholders' Agreement (Standardised Founders' Agreement) template at https://www.producthunt.com/post...
Vuyo Tofile

The 2-page term sheet is a far better offering for investing in a new start-up

Pros:

Easier to navigate and close the deal

Cons:

Might miss some unforeseen incidences