Term sheets can mystify even seasoned entrepreneurs. How are valuations determined? What do drag-along rights represent? What does a "board observer" actually do? What's all the math behind a cap table?
In 90 short minutes, we'll review the most important aspects of a term sheet in plain English. Topics include:
We'll leave plenty of time at the end of class for Q&A, which will enable you to explore a VC's perspective on any issues of interest. We'll also share a sample term sheet and handy reference materials.
I’m the Director of Community at FirstMark Capital. I’ve taught nearly 400 students on Skillshare and am a Master Teacher, a distinction which only a small group of teachers have. My class topics range from SQL intro classes to workshops on learning to code in 120 minutes. You can read my 100+ student endorsements here. I taught myself to code in high school, then majored in computer science (and TA'd intro to CS) in college. Then I forgot most of it. Then I started coding again and got most of it back. Also, I love to teach.