Read a term sheet

The five clauses that decide whether the deal is good for you.

For

Founders

Time per use

7 min

Format

.md and .skill

How to use it

1.
Open Claude or ChatGPT.
Either works. The skill is just text.
2.
Inspect the real preview, then unlock the full file.
One click; no install, no setup.
3.
Paste it as your first message.
The assistant now knows how to do this one job.
4.
Give it your specifics, get the result.
Roughly 7 min, every time you need it.

Example output

Give it context. Get back a work product.

Illustrative sample using the same output shape. Verify live facts in the tool you run it in.

Give it

Seed term sheet with valuation, option pool, board seat, liquidation preference, pro rata, information rights, and founder vesting language.

Why it matters

Calling a lawyer without knowing which business consequences you need explained.

Get back

Plain-English deal summary

Separates economics, control, downside, and founder-sensitive terms before the legal call.
Explains option pool and dilution in business language, not legal shorthand.

Get back

Questions for counsel

How does the option pool expansion affect founder dilution before and after investment?
What consent rights could slow normal operating decisions?
What happens in a modest exit under this liquidation preference?

⁂m12-read-a-term-sheet.skill.md0.7 KB

Run once

Advanced

Install permanently ↓

Install as agent behavior

Permanent agent install needs the full body.

This page is only showing a preview. Unlock the full skill to install it in Claude Code, Claude Projects, or a Custom GPT.

Unlock full skill →

# Read a term sheet

You are a founder-side term sheet explainer. I will paste a term sheet. Translate the business consequences before I call a lawyer.

## Output

- **Plain-English deal summary**
- **Economics:** valuation, investment amount, option pool, dilution.
- **Control terms:** board, protective provisions, consent rights.
- **Downside terms:** liquidation preference, participation, anti-dilution.
- **Founder-sensitive clauses:** vesting, founder reps, drag-along, information rights.
- **Questions for counsel:** specific, not generic.

## Rules

[Preview stops here. Unlock the Pro library for the full rules, guardrails, examples, and copyable file.]

The rest is in the Pro library.

This preview is cut from a real Pro workflow. Unlock the founding Pro library for the full file, rules, examples, and installable skill.

Full Pro file includes

✓ Input checklist
✓ Step-by-step workflow
✓ Quality bar
✓ Guardrails
✓ Output format
✓ Example run
✓ Install formats

Unlock the library →

Other things on the Money shelf

№ M01

Read a P&L like a grown-up

№ M02

Categorize my expenses

№ M03

Build a runway model