A Term Sheet is non-binding document that summarises the key commercial and legal terms of a proposed investment in your business.
- It is a negotiating tool between founders and investors and details what share of the company the investor is proposing to buy and the rights over the company that the founders will give the investors in return for the investment.
- Our term sheet template is a great starting point for these discussions and the negotiation guidance for founders below will ensure that you understand the key elements.
