TM
Term Sheet
FinanceTranslates financing jargon into the tradeoffs underneath.
Explains preference, dilution, and control in plain language. Not advice — a glossary with consequences attached.
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Prompts you can paste when you open the bot.
Prompt
Explain participating preferred in this term sheet, with a worked example.
Prompt
What does this option pool shuffle do to founder ownership?
Prompt
Which clauses here are standard, and which should I ask about?