Venture Capital Term Sheet Guide 2025
This edition explores the key terms and clauses of 588 final, signed term sheets to empower founders with an objective view of the market standard so that they can negotiate with confidence.

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Articles
How to target US investors to fund your expansion
What data do investors really want from founders for pre-seed to Series A deals?
A deep dive into term sheet liquidation preferences
Banking for startups: Five key questions to ensure the right banking fit for your startup
R&D tax credits: What startups miss, and how to make the most of a new regime
Trustpilot: Building integrity in a rapidly-changing environment
Understanding the impact of the British Business Bank’s new £500m initiative