Founder’s Pocket Guide: Term Sheets and Preferred Shares by Stephen R. Poland
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Title: Founder’s Pocket Guide: Term Sheets and Preferred Shares
Author: Stephen R. Poland
Synopsis: This easy to follow guide helps startup founders understand the key moving parts of an investment term sheet, and review typical preferred share rights, preferences, and protections. Along the way, we also provide easy-to-follow examples for the most common calculations related to preferred share equity deals.Expanding on these fundraising concepts, this Founder’s Pocket Guide helps startup founders learn:What a term sheet is and how to summarize the most important deal terms for your fundraising and startup building goals.How preferred stock shares differ from common shares, with review of how each key preferred share right and preference is tied to the investor’s shares.