A term sheet lists the terms and their structure and drafting the proposed transaction between an investor and a startup in a non-legally binding way.
This Term Sheet template is more convenient to the entrepreneur than the usual termsheet templates, which are static word documents in which the entrepreneur must find and change the parameters of the template within the document. This Term Sheet template links a table with the fields that need to be changed in the text, therefore, making it much more convenient. All there is to be done is to change the parameters in the table and the document in the second tab will be updated automatically. No more wasted time scanning through the Term Sheet template to find the relevant fiends to be changed. Just add the parameters to the table and print the Term Sheet out.