When an investor makes you an offer to invest in your company. The term sheet is a document that outlines what they will get for what they put in. Including % ownership and voting rights. Once an agreement has been reached between the parties concerned on the details set out in the term sheet. An agreement or contract will be drawn up that conforms to the details of the term sheet. Lastly, to know more about funding & investments for your start-up. Contact Entrepreneurs Collective and become a free member today.
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