Our Term Sheet

Matt Wichrowski
Fly Ventures
Published in
1 min readSep 28, 2020
Photo by Tingey Injury Law Firm on Unsplash

Investment documents and term sheets can be foreign and intimidating to first time founders. While there is a lot of content available for entrepreneurs (here, here, here) much of it is generalized or abstract from an actual deal. At Fly Ventures we are strong believers in radical transparency, which is why we’re publicly sharing our term sheet templates. We hope this sheds light on what can be an opaque element of the fundraising process. More importantly we want to be 100% clear with what our standard deal is.

Our two investment templates, both for equity and convertible note, can be found below. We are agnostic to the instrument and do whatever is best for your company.

If you are a Pre-Seed technical founder solving a hard problem we would love to meet you. Please reach out to anyone from the Fly Ventures team.

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