I am putting this up specifically for Alok’s comment… Want to get his views..
Generally, for a first time entrepreneurs when they are presented with a Term sheet, they are unable to understand it completely. To overcome this problem, a London based Angel Investment firm Passion Capital came up with a new format of Termsheet which has been put across in “plain simple English”, so even a novice can understand it.
Wanted to know if this will really work? Here is the template.
Term Sheet – In Plain Simple English
