A founder-friendly term sheet

Sam Altmanblog.samaltman.comWritten 2 min read

Altman shares the term sheet he uses as an angel and explains what he left out, from option-pool shuffles and investor legal fees to exploding offers and confidentiality, to win the best founders.

Read the original

Another oneStartup Advice

Related

More on money

All 40 on money

Saved the same day ·

One of 19 pieces by Sam Altman I saved that day, alongside:

↑↓ move↵ open⌘K toggle

Keyboard shortcuts

Everywhere

⌘K
Search everything
h
Home (or back to the top on Home)
r
Random note (from the topic, on a topic page)
?
Show this list
esc
Close a dialog

Note lists

jk
Next / previous note
↵
Open the selected note

Collections

/
Search notes
f
Favorites only
u
Unread only
123
Short / medium / long reads

Shuffle deck

←→
Previous / next card
↵
Open the card