Finance Homework - Basic Term Sheet

Investment Amount

Security Type: Convertible preferred, redeemable preferred or common stock

Pre-Money Valuation

Cap Table

Liquidation Preference

Anti-dilution Provisions

Vesting of Founder’s Shares

Board Representation: Total board size, number of board seats you’ll be taking

Any Other Salient Deal Terms

See sample term sheets attached to get a feel for what is expected.