Term sheet red-flag checklist
The terms worth stopping on, as a list to run before you sign anything.
Checklist
Templates
SAFEs and terms
SAFEs, caps, discounts, and the term sheet language founders are expected to understand before signing.
Templates
SAFE terms comparison table
Every SAFE on your cap table in one place: cap, discount, amount, and what each converts into.
Spreadsheet
Plain-English term sheet glossary card
The terms you will be asked to agree to, each in one sentence of plain English.
Copyable template
Convertible note vs. SAFE decision worksheet
Work through which instrument fits your round, and write down why, before the conversation with counsel.
Copyable template
The reading for this topic
SAFEs and terms in the learning library
The articles these templates are drawn from, and the thinking behind the choices each one asks you to make.
From the publication
Read The Raise Memo
A note for founders raising capital—what investors notice, how conviction gets built, and what to do next.
Keep going