A term sheet is like a prenuptial agreement and a coach’s playbook. Spend the time to understand the plays, and what happens should you ever separate from the business.
Source: "The Attention Deficit Workplace" by Mitch Thrower
Contributed by: Mitch
When landing and negotiating a term sheet, spend the time to understand all of the implications.
Even slight nuances that appear in term sheets tend to address things far out into the future.
Copyright © 2015 Gaiam, Inc.