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Ann Arbor Spark

September 3, 2009

What's in a Term Sheet?

Not often discussed in presentations about starting a company, particularly an innovative high growth company raising private equity from angels and VCs, is the term sheet.  The New Enterprise Forum and Ann Arbor SPARK are presenting a two part program about the various aspects of a term sheet.  An attorney, investor and CEO will discuss the many elements of a term sheet and the ramifications of each. 
The first program is in two weeks, Thursday September 17.  The second one will be October 15.  Both programs will be held at SPARK Central, 330 E. Liberty, Ann Arbor and starts at 5:00PM.
The first program will be about control provisions.  Who is on your board, what voting rights do investors have, milestone obligations and other non-finacial terms.
You do not need to register to attend.  Learn more at newenterpriseforum.org.