Term Sheet Generator

By Mike Myatt, Chief Strategy Officer, N2growth

Term Sheets are a foundational element in justifying your valuation logic. Over the years I’ve had the opportunity to view some absolutely brilliant term sheets, and regrettably, I’ve also reviewed more than my fair share of laughable terms sheets. Guy Kawasaki turned me on to this term sheet generator tool provided by the law firm of Wilson, Sonsini, Goodrich & Rosati. While certainly not perfect, it produces something far better than most term sheets I see. However if you use the output of this tool as a baseline for further refinement and customization, you’ll have a term sheet rooted in logic and substance that can also tell your story in a uniquely branded fashion. If the term sheet generator doesn’t work for you, forget about suing as the use of the tool comes with a plethora of indemnifications and disclaimers…after all, it is produced by a law firm.