Private preview. Groundwork is invite-only while we finish building — join the waitlist for an invite.
LegalOngoingDecision

Term Sheet & Financing Terms Prep

Break down a term sheet's actual terms — valuation, pro-rata rights, board seats, protective provisions — before you sign anything, so you know what you're giving up and what's negotiable.

What you walk away with

A made decision — plus a shareable summary capturing what you chose, the reasoning behind it, what you ruled out, and what would make you revisit it. There's no document to build here: the thinking is the deliverable.

12 steps in the full journey.

The first 3 questions

This is where the conversation starts. Each answer shapes what gets asked next.

  1. 01What round is this — seed, seed extension, bridge, Series A — and do you already have a term sheet in hand or are you preparing for one?
  2. 02Who's the investor (or investors), and is this a priced round or a SAFE/convertible note?
  3. 03Have you already worked through Investor Update or Pitch Preparation for this raise, or is this the first document in the process?

+ 9 more questions across discovery, validation, and the creative brief — each one adapting to what you've already said.

Ready to work through it?

The first five questions of any project are free — no card required.

Join the waitlist →