For any founder, whether a first-timer or a serial entrepreneur, it’s an exciting moment when you receive a term sheet from a venture capital fund for your company’s first preferred stock ...

Usually, a term sheet is an enormous milestone for an entrepreneur in the fundraising process. In fact, for most fundraising-entrepreneurs, getting a legitimate term sheet is almost as exciting as ...

This article is one in a series of articles explaining various terms commonly seen in term sheets issued by venture capital funds. We give example language based on the commonly referenced ...