Skill

legalcode-term-sheet-analysis

Deep analysis of venture capital term sheets across three dimensions: economics (pre/post-money valuation, option pool dilution, liquidation preference multiples and participation mechanics, pay-to-play provisions, anti-dilution weighted-average vs. full-ratchet), control (board composition, protective provisions and veto rights, drag-along/tag-along, information rights, registration rights), and other terms (founder vesting and acceleration, ESOP allocation, exclusivity, no-shop, conditions precedent). Evaluates each term against market benchmarks by stage (seed, Series A–D) and identifies investor-favorable vs. founder-favorable deviations. Models cap table dilution and founder economics across multiple exit scenarios. Produces dual-perspective annotated analysis (founder view and investor view for every material term) with confidence-scored negotiation recommendations and a Glass Box audit trail. Use when reviewing VC term sheets for founders, legal counsel, or investors in US, UK, or Indian jurisdictions. Jurisdiction-agnostic base with [JURISDICTION-SPECIFIC] markers for US (Delaware), UK (BVCA model), and India (SEBI AIF/Companies Act).