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The VC Factory – Platform Forums Venture Capital Forum US NVCA Term Sheet Template

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  • #12599


    The US National Venture Capital Association published a term sheet template that is widely used by founders & VCs.

    Contrary to Y Combinator’s template, it’s much longer and more detailed.

    The template also includes variations on some clauses, which clearly shows there is leeway for negotiation.

    Read through it once. What strikes you most? What % of this document do you understand? What is clearer? What is very difficult to understand? Let us know in the Comment section below.

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    Want to know more about Term Sheets? Why not try our SMS-based course! 30 days, 30 SMS covering all non-economic clauses in VC term sheets. Click here:

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