Taking on Investors: What is a Term Sheet Anyway?

Learn from Peter Nealis about working with investors - what you always wanted to know about your term sheet but were afraid to ask.

For many entrepreneurs, the Term Sheet is the initial introduction to the various deal points that they will be expected to understand when negotiating their first venture capital round. A review of a standard venture capital Term Sheet also provides a good overview of how a venture capital investment transaction will be structured and will proceed to closing. Peter’s presentation will take participants through the key provisions of a typical venture capital Term Sheet, including a discussion on valuation, management, proceeds on liquidation, and other key deal points.

Peter Nealis is a partner with Taft Stettinius & Hollister LLP, a full service law firm. Peter has substantial experience representing both public and private companies and investors in a variety of securities, regulatory, and corporate governance matters. A large part of Peter’s practice consists of the representation of start-ups and emerging growth companies, including in their initial capital raising ventures and subsequent private placements. Peter also has substantial experience in the area of partnership and limited liability company formation and governance, as well as related tax issues. He has also represented businesses and their owners in connection with all aspects of the mergers and acquisitions process, and he regularly counsels clients on a wide variety of general corporate and business matters, including intellectual property protection and licensing.

At Taft Stettinius & Hollister LLP, delivering outstanding legal performance to help clients succeed is what drives and motivates our 400 attorneys every day. Taft has offices in Cincinnati, Chicago, Cleveland, Columbus and Dayton, Ohio; Indianapolis, Indiana; Covington, Kentucky; and Phoenix, Arizona, as well as a presence in Sarasota, Florida. The firm practices across a wide range of industries, in virtually every area of law, including Business and Finance, Litigation, Labor and Employment, Intellectual Property, Business Restructuring, Bankruptcy and Creditor Rights, Environmental, Health and Life Sciences, Private Client Services, Real Estate and Tax. With a proven track record of experience since 1885, the firm offers breadth and depth of legal expertise coupled with a trusted business perspective to help our clients, big and small, regionally, nationally and internationally, reach their goals. For more information, please visit http://www.taftlaw.com.