Negotiate your next fundraise with a fair term sheet

Moving from fundraising pitch to formal investment offer is a pivotal moment for any startup. However, the legal jargon within a term sheet can make it hard to distinguish between market standards and terms that are overly favorable to investors.

Secure a balanced deal with our term sheet template

To help you raise your next round on a fair foundation, Carta has collaborated with law firm Gunderson Dettmer on a best-practice term sheet example, covering:

• Offering terms—including total investment amount and price per share
• Preferred stock provisions—such as liquidation preferences, non-cumulative dividends, and anti-dilution adjustments
• Governance and control—from board composition to investor rights

Disclaimer: This document is provided for your reference only and is not intended to serve as legal, tax, or financial advice. You should seek advice from an attorney licensed in the relevant jurisdiction(s), tax professionals, accounting professionals, and financial professionals before relying on this document.