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term sheet what is that hey taxpayers its Tiffany Gonzalez CPA here and were back with another installment of what is that where we discuss Financial term and topics you may have heard but we make them super easy to understand today were talking about the famous term sheet if youve ever thought about investing in a company selling your company or becoming an angel investor term sheet is something youll want to know about so tune in and lets get started right at the beginning term sheet what is that a term sheet is a non-binding agreement that sets the basic terms and conditions for an investment its typically a more succinct document that comes before a really long contract that has all of the nuances and details in it term sheets are often associated with startups as well as mergers and Acquisitions entrepreneurs use these documents in order to attract Venture capitalists basically a super easy to read simple document explaining the terms of investing in their company the term
