Early Stage Venture Capital Term Sheets for 2024

Louis Lehot
1 min readJan 25, 2024

For startup founders and investors, term sheets are the Rosetta Stone for each financing transaction. Unlike the Rosetta Stone, terms that are considered ordinary and customary change a little every year, as economic tides flow and the startup ecosystem evolves.

4thly and Foley & Lardner discussed term sheets for venture financings, including SAFEs, convertible notes, series seed preferred, side-letters, and more tools for bringing in capital to grow your business on a recent livestream discussion.

Louis Lehot joined as a panelist as the group discussed term sheets for venture financings. The discussion included SAFEs, convertible notes, series seed preferred, side-letters, and other tools for bringing in capital to grow your business. The discussion focused on how term sheets work and what terms to watch out for in the times we are living in today.

Watch the recording above to learn more.

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Louis Lehot

Louis Lehot is a partner and business lawyer with Foley & Lardner LLP, based in the firm’s Silicon Valley office. Follow on Twitter @lehotlouis