A “Term Sheet” is a document that summarizes the terms of an investment. It’s usually proposed by the investor(s) and spells out what they want in order to proceed with an investment. I’m not sure why it’s not called a “Terms Sheet” since there are many terms in it. Perhaps that came about because the [...]
Archive for the ‘Business Basics’ Category
Business Basics – Negotiating a Term Sheet
September 7th, 2011 
admin 
Posted in Business Basics 
Tags: angel round, investment agreement, term sheet, valuation, vesting, writing a term sheet, wutif 
No Comments »Shares vs Stock Options
May 30th, 2011 admin This article discusses the tax issues around issuing shares vs granting options to employees of both public and private Canadian companies. There are major tax implications that are unknown to most people – including the politicians who are trying to encourage entrepreneurship.
Business Basics – Introduction
March 17th, 2011 admin Over the years, I’ve written a number of articles to assist entrepreneurs, especially tech entrepreneurs, with an understanding of business matters. On the Simon Fraser University Website, much of this can be found at www.sfu.ca/~mvolker/biz. These articles are in the process of being updated, with new ones added, and will gradually start showing up on [...]
