Investment Offer Sheet
Understanding Investment Offer Sheets
An investment offer sheet, often called a term sheet, is a non-binding agreement outlining the key terms of a proposed investment in a company. It serves as a roadmap for the formal investment documents, saving time and legal costs by aligning the investor and company founders early in the negotiation process. While not legally binding (except for specific clauses like confidentiality and exclusivity), it demonstrates serious intent and establishes a framework for the deal.