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ready to get engaged to a vc then you better understand what a term sheet is what it isnt and how it can play a huge role in getting the investment you want today im going to walk you through what a term sheet is the role it plays in raising money or making an investment and the key terms you need to pay attention to stick around to the end and ill show you how a term sheet can be a huge tool for creating massive fomo as either an investor or a company [Music] [Laughter] so lets dive into it so the basics of what a term sheet is just like in your own personal relationship before you get engaged you know hopefully you sit down with that person and you talk about whos gonna work whos going to take care of kids where youre going to live right when are you going to get married how many kids youre going to have like all those basic things well and its the same thing between a vc and an entrepreneur because once the vc invests its kind of like youre getting married right youre pa
