Want to understand what VCs and startup companies are talking about with term sheets? Join us to learn the basics of term sheets at the Polsky Exchange. We'll talk about common vs. preferred stock, valuation, liquidation preference, board seats, equity vs. debt, and the basic characteristics of different funding rounds.
The session will include a hands-on portion where we'll take a deep dive into reading, understanding, and comparing term sheets. We'll also distribute and discuss a sample SAFE (Simple Agreement for Future Equity) document.
Kristin Barrett, Senior Director of the Polsky Exchange, will teach the class. She was on the winning VCIC team while attending Booth, and also has spent time as the COO of Techstars Chicago and Vice President at 1871.