In today’s world, where uncertainty is everywhere, the early stage ecosystem is at a crucial point. Not only are innovations the need of the hour, but the fact is that despite the financial crisis and the capital crunch in their own firms, investors will continue to back the right startups, especially ones that have the innovations that can solve big problems.
But even when early stage startups raise funds, there is some uncertainty around — and one of the key parts of any fundraising process is the term sheet, a binding document that defines the terms and conditions of business agreement. The latest guide by Inc42+ helps entrepreneurs in decoding term sheets and understanding the finer details in fundraising.
“Decoding Term Sheets For Early Stage Startups” guide has been written by Siddarth Pai, founding partner at seed and growth-stage investment fund 3one4 Capital; Roma Priya, founder of Burgeon Law, which specialises in startups and investments; Yagnesh Sanghrajka, cofounder and CFO of early stage venture capital fund 100X.VC.