VW Podcasts

VDR Ch. 15: Why Do Term Sheets Even Exist?

By Vela Wood

Office Hours is our podcast covering general issues related to small businesses and startups. Venture Deals Review is a series of Office Hours episodes discussing the book Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist by Brad Feld and Jason Mendelson.

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In this episode, we review Chapter 15: “Why Do Term Sheets Even Exist?” and discuss what the term sheet negotiation process establishes, as well as transaction costs and reputation constraints.

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Vela Wood
Vela Wood is a boutique corporate law firm with a local feel and a global impact. We focus our practice in the areas of M&A, Private Equity, Fund Representation, and Venture Transactions.