As a VC working who is implementing the new funding structures — Indie Vc, Earnest, etc — we found that jumping between each term sheet’s own legalese was making it harder to discuss the funding structures themselves. As a result, we made a lightweight vocabulary to make 1:1 comparisons a little easier between term sheets.
The goal is to make navigating these structures easier for founders and investors. And perhaps help discover new funding options in the process too.
Feedback welcomed!
https://medium.com/@jamie_finney/vocabulary-for-the-new-risk-capital-landscape-88ca96d04e83