A key milestone for entrepreneurs is receiving their first term sheet from an investor. Term sheets form the basis of any capital-raising transaction and outline the key terms and conditions of an investment. Knowing how to negotiate these terms and focusing on the most important issues in a deal can be critical to a company's success.
WilmerHale Partner Joe Wyatt and Counsel Jenna Ventorino will provide an overview on term sheets and tips for navigating your first round of funding. Discussion topics include:
- the material terms of a financing term sheet, including control and financial provisions;
- pre- and post-money valuation and dilution;
- binding vs. non-binding provisions; and
- practice tips for the negotiation.
*CLE credit is not available for those who watch webinar recordings.