Every year, thousands of founders sign term sheets that cost them millions in equity, control, and future flexibility — not because the terms were unfair, but because they didn't know what to negotiate.

Here's what I see repeatedly:

• Founders celebrate a "high valuation" while ignoring participating liquidation preferences that gut their payout at exit

• They accept option pool shuffles that dilute them 10-15% before a single dollar lands in the bank

• They give up board control at Series A and spend the next 3 years asking permission to run their own company

The term sheet is a 5-10 page document that determines who controls your company, how money flows at exit, and what happens if things don't go as planned.

What This Course Covers

A 6-module, 22-lesson masterclass covering everything from valuation mechanics to a full Series A case study with payout waterfall analysis:

• Startup founders (seed to Series A) going through their first institutional raise

• Early-stage CFOs and advisors who need to speak the language of deal terms

• Angel investors who want to understand what they're signing

Every lesson is substantive — real frameworks, real numbers, real negotiation tactics.

The difference between a good term sheet and a bad one is often the difference between keeping your company and losing it.