template

Seed Investment Term Sheet (Genie AI)

by
C
Chris Young
Apr, 01 2022

When to use this template

  • This is our (Genie AI)'s seed investment term sheet

  • The template outlines the main terms and conditions of an investment deal

Key issues covered in this template

  • Securities to issue
  • Aggregate proceeds
  • Investors and founders
  • Valuation
  • Liquidation preference
  • Conversion
  • Dividends
  • Voting rights
  • Financial information
  • Participation (pre-emption) right
  • Right of first refusal and co-sale
  • Drag along
  • Employee vesting
  • Binding terms
  • Governing law

What to watch out for

  • Term sheets are used as a basis for preparing the final investment agreement

  • Except for the section "Binding Terms", there are no legally binding obligations

222

Used by

Author

C

Chris Young

@chris75410632
Genie AI

C
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6%
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1%
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Additional information

Business categories

Relevant sectors

Technology

Relevant company sizes

1 - 3

4 - 19

Governing law

England and Wales

Language

English UK

Gender neutral

Yes