Issuers and investors are well advised to document their deal in a term sheet. Though generally non-binding, they add significant value. Detailed term sheets raise issues early when there is still ...

For the past few months, I’ve been exploring some of the more confusing terminology in VC term sheets. In my last post, I discussed redemption rights. Today, I’m looking at the non-binding and ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

What Is A Term Sheet? A term sheet is a document that outlines the key terms and conditions of an investment or exit deal. It serves as a non-binding agreement that provides clarity and scope of ...