Decile Base Beta
Ask a Question
Log In Apply to VC Lab
Previous Question
Next Question
1
Venture Deals

Term Sheet for a Start Up

Asked by:
Community Member
1
0
0
Jul 05, 2023
Is it possible to draft a term sheet for a start up venture without having to use a lawyer? Are there standard templates? Anything I should consider in deciding what to do?
term sheet
1 answer
0
Mike Suprovici
Accepted Answer
Jul 05, 2023
We recommend that you do not attempt to draft a term sheet without a lawyer. However, you can use standard templates like the SAFE as long as you don't modify them. 
Add a comment

Log In

Please Log In with your Decile Hub credentials.

Log In

Apply to VC Lab Cohort 13

Get full access to Decile Base and the Decile Hub venture platform for free by joining the VC Lab program.

Apply to VC Lab Cohort 13
Related Questions
Is it common that funds charge the startup investee a fee to cover for your due diligence costs? 1 May 03, 2023 Redeemable preferred warrants 1 Jul 20, 2023 What are the different types of anti-dilution terms and when are they used? 1 Jul 21, 2023 Is vesting as a requirement to invest in startups? 1 Jul 23, 2023 How should a portfolio company's valuation be updated when there there is a discount in the deal terms? 1 Dec 05, 2023