Term Sheet Red Flag Review

Getting a term sheet is exciting. But buried inside standard-looking language are clauses that can cost you board control, dilute you aggressively in a down round, or lock you into an exit you never wanted.

The problem isn't that founders are careless — it's that term sheets are written by investor lawyers, for investors.

I'm a corporate and VC lawyer. I read these documents every day. In 30 minutes, I'll walk you through what your term sheet is actually saying — in plain language — and tell you what's reasonable, what's aggressive, and what you should push back on before you sign.

What we'll cover:

1. Liquidation preferences and what they mean when you exit
2. Anti-dilution clauses and when they hurt founders most
3. Board and voting rights — who actually controls your company after this round
4. Founder-unfriendly clauses that often go unnoticed
5. What's negotiable and how to approach it

Before the call: Email me your term sheet at [email protected] (redact investor/company names if needed). I'll review it in advance so we can hit the ground running.

You should book this if:

1. You've received a term sheet and want to understand it — really understand it
2. You want to negotiate but don't know what's worth pushing back on
3. Your current lawyer explained what the clauses say but not what they mean for you