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Hey, itamp;#39;s Scott Orn, Kruze Consulting, and today Iamp;#39;m answering the question, amp;quot;Are term sheets legally bindingamp;quot;? And itamp;#39;s a little bit of a gray zone. There are some aspects of it, like the confidentiality portion, that are technically legally binding. Although, you know, sometimes you hear people spilling the beans on something, even despite that. But the way I kind of like to think about it is itamp;#39;s more reputationally binding. And what I mean by that is if you sign a term sheet with a venture capitalist, or a venture capitalist signs a term sheet with you, you should have every intention of going forward with that deal. If not, if youamp;#39;re the kind of person whoamp;#39;s pulling out of law deals, if youamp;#39;re a VC or if youamp;#39;re a founder who repeatedly pulls out of term sheets with investors, the word is gonna get around. And venture capitalists donamp;#39;t like that. Founders donamp;#39;t like it. Because the spi
