Seed Investment Term Sheet Drafting -- 2
Budget: $15 – $25 CAD
I need a professionally drafted term sheet to capture a seed-stage investment from venture-capital firms into my company. The document should reflect industry-standard VC terms yet remain founder-friendly, clearly setting expectations before we move to long-form agreements.
Please structure it so the main commercial points—valuation cap or share price, investment amount, equity percentage, liquidation preference, pro-rata rights, board composition, founder vesting, option pool, information rights and key milestones—are unambiguous and concise. Where alternatives or negotiation ranges typically appear, leave bracketed placeholders I can fine-tune.
Deliverables
• Term sheet in editable Word and clean PDF
• One revision round to incorporate my comments
• Brief explanatory notes highlighting any non-standard clauses
Acceptance criteria
The term sheet must align with current market norms for seed rounds, use plain-English drafting, and be ready for circulation to partner VCs without further legal polishing.
Please structure it so the main commercial points—valuation cap or share price, investment amount, equity percentage, liquidation preference, pro-rata rights, board composition, founder vesting, option pool, information rights and key milestones—are unambiguous and concise. Where alternatives or negotiation ranges typically appear, leave bracketed placeholders I can fine-tune.
Deliverables
• Term sheet in editable Word and clean PDF
• One revision round to incorporate my comments
• Brief explanatory notes highlighting any non-standard clauses
Acceptance criteria
The term sheet must align with current market norms for seed rounds, use plain-English drafting, and be ready for circulation to partner VCs without further legal polishing.