Once you get a term sheet, you may either continue negotiations or accept
the VC’s offer and start receiving capital. What’s included
in the term sheet?
- Amount offered
- Value of the venture on the day the term sheet was created
- Capital structure of the company
- Conversion schedules
- Voters’ rights
- Rules according to board of directors
- Other relevant terms
The starting point to obtaining a term sheet is to contact investors with your plan.
“I am very satisfied with your software. I especially enjoy the simple user interface; it needs almost zero time to learn how to use it.“
Alexander Usenko, PhD. Chief Technical Officer
Silicon Wafer Technologies