When your startup is on a roll and you need to bring in investors, you also need a term sheet for the initial discussions with your investors. Even though the Term Sheet is a non-binding agreement that might sound superfluous it's incredibly helpful in negotiations when numbers and facts start flying. Having a good Term Sheet will further help you in the next step of the process when the Subscription and Shareholder's Agreement has to be drawn up and signed.
Get your essential documents in order. We are happy to provide you a Term sheet Agreement template to get you started.
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