That wasn't so bad

"You are an independent consultant hired by company to assess two Venture Capitalist (VC) proposals and offer advice on which proposal the founders should accept."

These were the instructions for my Finance assignment. One week ago, I had never read a term sheet, let alone tried to understand what the terms actually mean. Here's a sample term sheet, for your reading pleasure ;)

Well, I just completed my analysis and I think I now understand term sheets enough to be able to assess which proposal would be better for the company founders.

I am often amazed by these little victories :-)