Emerging Companies and Venture Capital
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Visit ecvc.wsgr.com—Wilson Sonsini’s Digital Hub for Founders, Entrepreneurs, and VCs
We offer an array of free resources to help start-ups, founders, entrepreneurs, and VCs build the next generation of emerging technologies. Our aim is to accelerate entrepreneurship for everyone, everywhere. Explore our comprehensive Knowledge Bank with 200+ FAQs on topics ranging from formation to exit, industry alerts, and much more at: https://ecvc.wsgr.com.
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Entrepreneurs Reports: The Complete Collection
Presenting the complete collection of Wilson Sonsini’s Entrepreneurs Reports—our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying trends in activity and valuation levels for the U.S. venture capital industry in general.
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New @ Neuron: An AI-Enabled, Fixed-Fee Commercial Contract Offering
Introducing our commercial contract offering—an AI-enabled, attorney supervised, fixed-fee power tool for cloud services companies. To get more details or connect with someone from Wilson Sonsini to get started, email neuron@wsgr.com.
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A Leader in Venture Financings
Wilson Sonsini is ranked as the No. 1 law firm in the U.S. and globally based on the number of company-side venture financing rounds raised for clients in 2025. (Source: LSEG Global Legal Private Equity and Venture Capital Review, Full Year 2025)
Since the firm's inception in the early days of Silicon Valley, Wilson Sonsini has been privileged to help lay the groundwork for some of the world's most innovative technology, life sciences, and growth companies. As the nation's leading law firm representing venture-backed companies, we have counseled thousands of entrepreneurs starting new businesses, advising on the formation of companies, equity structures, negotiations with investors, intellectual property rights, and other issues vital to their success.
An Interdisciplinary Approach
We take an interdisciplinary approach to counseling entrepreneurs and young companies, offering deep expertise in such vital areas as:
- Corporate formation
- Corporate governance
- Data, privacy, and cybersecurity
- Employment and employee benefits and compensation
- Mergers & acquisitions
- Patents and innovations
- Real Estate
- Tax
- Technology transactions
- Venture finance
This interdisciplinary approach, along with the breadth and depth of our practice, allows us to serve as a strategic advisor through each stage of a private company's growth. In addition, we have a number of business processes and proprietary knowledge management systems in place that enable all of our attorneys to leverage the collective experience and skills of the firm, ensuring maximum effectiveness and efficiencies for our clients.
A Network for Entrepreneurs
Our attorneys have seen countless ventures—launched with little more than a promising idea and the passion of their founders—grow into highly successful, mature companies. The firm has grown as well; currently, we represent more than 300 public and 3,000 private companies. But our commitment to entrepreneurs remains resolute, and we always are looking for new ways to serve their needs.
We provide entrepreneurs with the information and opportunities they need to develop into the next generation of industry leaders. The firm's resources are extended to all entrepreneurs and emerging company executives who establish a relationship with the firm. For example, we invite contacts to networking events, workshops, and other programs covering a wide range of topics designed to help entrepreneurs focus their ideas, develop a business strategy, build the right relationships, and access capital.
Since the firm's inception in the early days of Silicon Valley, Wilson Sonsini has been privileged to help lay the groundwork for some of the world's most innovative technology, life sciences, and growth companies. As the nation's leading law firm representing venture-backed companies, we have counseled thousands of entrepreneurs starting new businesses, advising on the formation of companies, equity structures, negotiations with investors, intellectual property rights, and other issues vital to their success.
An Interdisciplinary Approach
We take an interdisciplinary approach to counseling entrepreneurs and young companies, offering deep expertise in such vital areas as:
- Corporate formation
- Corporate governance
- Data, privacy, and cybersecurity
- Employment and employee benefits and compensation
- Mergers & acquisitions
- Patents and innovations
- Real Estate
- Tax
- Technology transactions
- Venture finance
This interdisciplinary approach, along with the breadth and depth of our practice, allows us to serve as a strategic advisor through each stage of a private company's growth. In addition, we have a number of business processes and proprietary knowledge management systems in place that enable all of our attorneys to leverage the collective experience and skills of the firm, ensuring maximum effectiveness and efficiencies for our clients.
A Network for Entrepreneurs
Our attorneys have seen countless ventures—launched with little more than a promising idea and the passion of their founders—grow into highly successful, mature companies. The firm has grown as well; currently, we represent more than 300 public and 3,000 private companies. But our commitment to entrepreneurs remains resolute, and we always are looking for new ways to serve their needs.
We provide entrepreneurs with the information and opportunities they need to develop into the next generation of industry leaders. The firm's resources are extended to all entrepreneurs and emerging company executives who establish a relationship with the firm. For example, we invite contacts to networking events, workshops, and other programs covering a wide range of topics designed to help entrepreneurs focus their ideas, develop a business strategy, build the right relationships, and access capital.
The proceeds from the Series A will position Maneva to accelerate on three fronts: deepening its core AI capabilities through continued development of its patent-pending VITA and ALIS agents, expanding its customer base into new geographies and industries, and rolling out its next generation of factory orchestration and AI knowledge agent features.
The Wilson Sonsini team that advised Maneva on the transaction included Rezwan Pavri, Lester Ang, Karin Hjorth, and Keili Prenton.
For more information, please see Maneva’s news release.
The proceeds from the Series A will position Maneva to accelerate on three fronts: deepening its core AI capabilities through continued development of its patent-pending VITA and ALIS agents, expanding its customer base into new geographies and industries, and rolling out its next generation of factory orchestration and AI knowledge agent features.
The Wilson Sonsini team that advised Maneva on the transaction included Rezwan Pavri, Lester Ang, Karin Hjorth, and Keili Prenton.
For more information, please see Maneva’s news release.
Steve has represented non-U.S. and domestic companies in U.S. IPOs, global securities offerings, cross-border M&A, and SEC compliance for more than 25 years.
Steve has represented non-U.S. and domestic companies in U.S. IPOs, global securities offerings, cross-border M&A, and SEC compliance for more than 25 years.
Using the above link to Wilson Sonsini's Term Sheet Generator, you can generate a venture financing term sheet based on your responses to an online questionnaire. It also has an informational component, with basic tutorials and annotations on financing terms. This term sheet generator is a modified version of a tool that Wilson Sonsini uses internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture-financing-related documents.
Please Note
Progress will not be saved. Any generated documents will open in Word. An .xml answer file may also be exported.
Because it has been designed as a generic tool that takes into account a number of options, this version of the term sheet generator is fairly expansive and includes significantly more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the term sheet generator to Tony Kikuta (akikuta@wsgr.com) or Yokum Taku (ytaku@wsgr.com) at (650) 493-9300. For technical issues, please contact Wilson Sonsini's Help Desk at (650) 493-9300 (ext. 6161).
Other Resources
The Term Sheet Generator is part of a suite of automation tools that the firm uses to generate start-up and venture financing-related documents. In addition to the Term Sheet Generator, Wilson Sonsini offers a public version of a Convertible Note Term Sheet Generator for equity venture financings, which you can access through the above tab. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECVC website to view the most current and past issues of our Entrepreneurs Report.
Terms and Conditions
By using Wilson Sonsini's Term Sheet Generator, you agree to the Terms and Conditions below.
No Attorney-Client Relationship
The Wilson Sonsini Term Sheet Generator, including the online questionnaire and annotations (the TSG), and the form of memorandum of terms generated by the TSG (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati (Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation, or legal advice. Neither the availability, operation, transmission, receipt, nor use of the TSG or the Term Sheet is intended to create, or constitutes formation of, an attorney-client relationship or any other special relationship or privilege. You should not rely upon the TSG or the Term Sheet for any purpose without seeking legal advice from licensed attorneys in the relevant state(s).
Privacy Matters
As part of the normal operation of the underlying software, the TSG temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the TSG, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use, or disclosure of the information furnished by you or otherwise collected by the TSG. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini's website.
Compliance with Laws
You agree to use the TSG and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
Disclaimer of Liability
THE TSG AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE TSG AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you.
Wilson Sonsini expressly disclaims all liability, loss, or risk incurred as a direct or indirect consequence of the use of the TSG or the Term Sheet. By using the TSG or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith. The information contained in the TSG and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the TSG or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the TSG and the Term Sheet.
Wilson Sonsini at its sole discretion may choose to change the terms, conditions, and operation of the TSG and the Term Sheet at any time. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the TSG and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the TSG or the Term Sheet.
Use by Agents
You agree that, if an agent (e.g., an attorney, an employee, etc.) uses the TSG or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Circular 230 Compliance
To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax information contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein. You should seek advice based on your particular circumstances from a tax advisor.
Using the above link to Wilson Sonsini's Term Sheet Generator, you can generate a venture financing term sheet based on your responses to an online questionnaire. It also has an informational component, with basic tutorials and annotations on financing terms. This term sheet generator is a modified version of a tool that Wilson Sonsini uses internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture-financing-related documents.
Please Note
Progress will not be saved. Any generated documents will open in Word. An .xml answer file may also be exported.
Because it has been designed as a generic tool that takes into account a number of options, this version of the term sheet generator is fairly expansive and includes significantly more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the term sheet generator to Tony Kikuta (akikuta@wsgr.com) or Yokum Taku (ytaku@wsgr.com) at (650) 493-9300. For technical issues, please contact Wilson Sonsini's Help Desk at (650) 493-9300 (ext. 6161).
Other Resources
The Term Sheet Generator is part of a suite of automation tools that the firm uses to generate start-up and venture financing-related documents. In addition to the Term Sheet Generator, Wilson Sonsini offers a public version of a Convertible Note Term Sheet Generator for equity venture financings, which you can access through the above tab. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECVC website to view the most current and past issues of our Entrepreneurs Report.
Terms and Conditions
By using Wilson Sonsini's Term Sheet Generator, you agree to the Terms and Conditions below.
No Attorney-Client Relationship
The Wilson Sonsini Term Sheet Generator, including the online questionnaire and annotations (the TSG), and the form of memorandum of terms generated by the TSG (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati (Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation, or legal advice. Neither the availability, operation, transmission, receipt, nor use of the TSG or the Term Sheet is intended to create, or constitutes formation of, an attorney-client relationship or any other special relationship or privilege. You should not rely upon the TSG or the Term Sheet for any purpose without seeking legal advice from licensed attorneys in the relevant state(s).
Privacy Matters
As part of the normal operation of the underlying software, the TSG temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the TSG, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use, or disclosure of the information furnished by you or otherwise collected by the TSG. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini's website.
Compliance with Laws
You agree to use the TSG and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
Disclaimer of Liability
THE TSG AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE TSG AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you.
Wilson Sonsini expressly disclaims all liability, loss, or risk incurred as a direct or indirect consequence of the use of the TSG or the Term Sheet. By using the TSG or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith. The information contained in the TSG and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the TSG or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the TSG and the Term Sheet.
Wilson Sonsini at its sole discretion may choose to change the terms, conditions, and operation of the TSG and the Term Sheet at any time. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the TSG and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the TSG or the Term Sheet.
Use by Agents
You agree that, if an agent (e.g., an attorney, an employee, etc.) uses the TSG or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Circular 230 Compliance
To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax information contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein. You should seek advice based on your particular circumstances from a tax advisor.
Using the above link to Wilson Sonsini's Convertible Note Term Sheet Generator, you can generate a convertible note term sheet based on your responses to an online questionnaire. It also has an educational component, with basic tutorials and annotations.
This term sheet generator is a modified version of a tool that Wilson Sonsini uses internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture-financing-related documents.
Please Note
Progress will not be saved. Any generated documents will open in Word. An .xml answer file may also be exported.
Because it has been designed to account for a number of options, this version of the term sheet generator is fairly expansive and includes more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the term sheet generator to Tony Kikuta (akikuta@wsgr.com) or Yokum Taku (ytaku@wsgr.com) at (650) 493-9300. For technical issues, please contact Wilson Sonsini's Help Desk at (650) 493-9300 (ext. 6161).
Other Resources
The Convertible Note Term Sheet Generator is part of a suite of automation tools that the firm uses to generate start-up and venture financing-related documents. In addition to the Convertible Note Term Sheet Generator, Wilson Sonsini offers a public version of a Term Sheet Generator for equity venture financings, which you can access through the above tab. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECVC website to view the most current and past issues of our Entrepreneurs Report.
Terms and Conditions
By using Wilson Sonsini's Term Sheet Generator (Convertible Notes), you agree to the Terms and Conditions below.
No Attorney-Client Relationship
The Wilson Sonsini Convertible Note Term Sheet Generator, including the online questionnaire and annotations (the TSG), and the form of memorandum of terms generated by the TSG (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati (Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation or legal advice. Neither the availability, operation, transmission, receipt nor use of the TSG or the Term Sheet is intended to create, or constitutes formation of, an attorney-client relationship or any other special relationship or privilege. You should not rely upon the TSG or the Term Sheet for any purpose without seeking legal advice from licensed attorneys in the relevant state(s).
Privacy Matters
As part of the normal operation of the underlying software, the TSG temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the TSG, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use or disclosure of the information furnished by you or otherwise collected by the TSG. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini's website.
Compliance with Laws
You agree to use the TSG and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
Disclaimer of Liability
THE TSG AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE TSG AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you.
Wilson Sonsini expressly disclaims all liability, loss or risk incurred as a direct or indirect consequence of the use of the TSG or the Term Sheet. By using the TSG or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith. The information contained in the TSG and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the TSG or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the TSG and the Term Sheet.
Wilson Sonsini at its sole discretion may choose to change the terms, conditions, and operation of the TSG and the Term Sheet at any time. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the TSG and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the TSG or the Term Sheet.
Use by Agents
You agree that, if an agent (e.g., an attorney, an employee, etc.) uses the TSG or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Circular 230 Compliance
To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax information contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein. You should seek advice based on your particular circumstances from a tax advisor.
Using the above link to Wilson Sonsini's Convertible Note Term Sheet Generator, you can generate a convertible note term sheet based on your responses to an online questionnaire. It also has an educational component, with basic tutorials and annotations.
This term sheet generator is a modified version of a tool that Wilson Sonsini uses internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture-financing-related documents.
Please Note
Progress will not be saved. Any generated documents will open in Word. An .xml answer file may also be exported.
Because it has been designed to account for a number of options, this version of the term sheet generator is fairly expansive and includes more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the term sheet generator to Tony Kikuta (akikuta@wsgr.com) or Yokum Taku (ytaku@wsgr.com) at (650) 493-9300. For technical issues, please contact Wilson Sonsini's Help Desk at (650) 493-9300 (ext. 6161).
Other Resources
The Convertible Note Term Sheet Generator is part of a suite of automation tools that the firm uses to generate start-up and venture financing-related documents. In addition to the Convertible Note Term Sheet Generator, Wilson Sonsini offers a public version of a Term Sheet Generator for equity venture financings, which you can access through the above tab. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECVC website to view the most current and past issues of our Entrepreneurs Report.
Terms and Conditions
By using Wilson Sonsini's Term Sheet Generator (Convertible Notes), you agree to the Terms and Conditions below.
No Attorney-Client Relationship
The Wilson Sonsini Convertible Note Term Sheet Generator, including the online questionnaire and annotations (the TSG), and the form of memorandum of terms generated by the TSG (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati (Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation or legal advice. Neither the availability, operation, transmission, receipt nor use of the TSG or the Term Sheet is intended to create, or constitutes formation of, an attorney-client relationship or any other special relationship or privilege. You should not rely upon the TSG or the Term Sheet for any purpose without seeking legal advice from licensed attorneys in the relevant state(s).
Privacy Matters
As part of the normal operation of the underlying software, the TSG temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the TSG, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use or disclosure of the information furnished by you or otherwise collected by the TSG. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini's website.
Compliance with Laws
You agree to use the TSG and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
Disclaimer of Liability
THE TSG AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE TSG AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you.
Wilson Sonsini expressly disclaims all liability, loss or risk incurred as a direct or indirect consequence of the use of the TSG or the Term Sheet. By using the TSG or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith. The information contained in the TSG and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the TSG or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the TSG and the Term Sheet.
Wilson Sonsini at its sole discretion may choose to change the terms, conditions, and operation of the TSG and the Term Sheet at any time. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the TSG and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the TSG or the Term Sheet.
Use by Agents
You agree that, if an agent (e.g., an attorney, an employee, etc.) uses the TSG or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Circular 230 Compliance
To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax information contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein. You should seek advice based on your particular circumstances from a tax advisor.
Using the above link to Wilson Sonsini’s UK BVCA-Styled Summary of Terms, you can generate a standard venture financing term sheet based on your responses to an online questionnaire modelled on the British Venture Capital Association’s Summary of Terms. It also has an educational component, with basic tutorials and annotations.
Please Note
Progress will not be saved. Any generated documents will open in Word.
Because it has been designed to account for a number of options, this version of the BVCA-Styled Summary of Terms is fairly expansive and includes more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the BVCA-Styled Summary of Terms to WSGR.UK-US@wsgr.com.
OTHER RESOURCES
The UK BVCA-Styled Summary of Terms is part of a suite of automation tools that Wilson Sonsini uses to generate start-up and venture financing-related documents. In addition to the UK BVCA-Styled Summary of Terms, Wilson Sonsini offers a public version of a U.S. Term Sheet Generator and U.S. Convertible Note Term Sheet Generator for venture financings, which you can access through the above tabs. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECVC website for additional information and resources.
Wilson Sonsini thanks the British Venture Capital Association for use of its Summary of Terms, upon which this term sheet is based.
TERMS AND CONDITIONS
By using Wilson Sonsini’s UK BVCA-Styled Summary of Terms, you agree to the Terms and Conditions below.
No Lawyer-Client Relationship
The Wilson Sonsini UK BVCA-Styled Summary of Terms, including the online questionnaire and annotations (together the SOT), and the form of memorandum of terms generated by the SOT (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati, Professional Corporation and/or its affiliates, including Wilson Sonsini Goodrich & Rosati (UK), LLP (together Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation or legal or tax advice.
Neither the availability, operation, transmission, receipt nor use of the SOT or the Term Sheet is intended to create, or constitutes formation of, a lawyer-client relationship or any other special relationship or privilege. You should not rely upon the SOT or the Term Sheet for any purpose without seeking legal advice in relation to the jurisdiction in which you are based and (if different) that in which you intend to form your business. The SOT should not be relied on or treated as a substitute for specific advice relevant to your particular circumstances.
Waiver of Conflicts of Interest
You agree that you will not enter confidential information into the BVCA-Styled Summary of Terms. You further agree to waive any and all conflicts of interest arising from your use of the BVCA-Styled Summary of Terms. In particular, you agree that you will not seek to disqualify Wilson Sonsini or any of its attorneys on the basis that it obtained confidential information in connection with your use of the BVCA-Styled Summary of Terms. You also agree that you will not assert a breach of fiduciary duty claim or other impropriety against Wilson Sonsini or any of its attorneys on the basis of their having confidential information you shared in connection with your use of the BVCA-Styled Summary of Terms.
Privacy Matters
As part of the normal operation of the underlying software, the SOT temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the SOT, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use, or disclosure of the information furnished by you or otherwise collected by the SOT. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini’s website, which is available here.
Compliance with Laws and Acceptable Use Policies
You agree to use the SOT and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
You shall comply with any instructions given to you by Wilson Sonsini in relation to your access and use of the SOT and any and all acceptable use policies and requirements that may be in place from time to time.
Disclaimer of Liability
THE SOT AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE SOT AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you. Nothing in these Terms and Conditions limits or excludes our liability under English law for death or personal injury resulting from negligence, fraud or fraudulent representation, or any other liability under English law that cannot lawfully be limited or excluded.
Wilson Sonsini expressly disclaims all liability, loss or risk incurred as a direct or indirect consequence of the use of the SOT or the Term Sheet. Wilson Sonsini will therefore not be liable for any damage (including, without limitation, damage for loss of business or loss of profits) arising in contract, tort or otherwise from the use of, or inability to use, the SOT or any material contained in or produced by it, or from any action or decision taken as a result of using the SOT or any such material. By using the SOT or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith.
The information contained in the SOT and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the SOT or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the SOT and the Term Sheet.
Wilson Sonsini, at its sole discretion, may choose to change the terms, conditions, and operation of the SOT and the Term Sheet at any time. Whilst we endeavour to ensure that the SOT is normally available 24 hours a day, we will not be liable if for any reason it is unavailable at any time or for any period. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the SOT and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the SOT or the Term Sheet.
Wilson Sonsini reserves the right to amend these Terms and Conditions at any time. Your continued use of the SOT shall constitute your acceptance of any such amendments from time to time.
Use by Agents
You agree that, if an agent (e.g., a legal adviser, an employee, etc.) uses the SOT or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Tax and Circular 230 Compliance
The SOT does not address your tax circumstances or the satisfaction of any condition for any specific tax treatment for you or for any investor and you should not confirm or indicate any tax treatment to any third party by reference to the SOT or any related information. You and any third party that you may deal or be dealing with should seek separate tax advice based for your circumstances and full information about the relevant facts.
Specifically, and without limitation, to ensure compliance with requirements imposed by the IRS, we confirm that any communication (including any attachments) involved in the SOT is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein.
Using the above link to Wilson Sonsini’s UK BVCA-Styled Summary of Terms, you can generate a standard venture financing term sheet based on your responses to an online questionnaire modelled on the British Venture Capital Association’s Summary of Terms. It also has an educational component, with basic tutorials and annotations.
Please Note
Progress will not be saved. Any generated documents will open in Word.
Because it has been designed to account for a number of options, this version of the BVCA-Styled Summary of Terms is fairly expansive and includes more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the BVCA-Styled Summary of Terms to WSGR.UK-US@wsgr.com.
OTHER RESOURCES
The UK BVCA-Styled Summary of Terms is part of a suite of automation tools that Wilson Sonsini uses to generate start-up and venture financing-related documents. In addition to the UK BVCA-Styled Summary of Terms, Wilson Sonsini offers a public version of a U.S. Term Sheet Generator and U.S. Convertible Note Term Sheet Generator for venture financings, which you can access through the above tabs. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECVC website for additional information and resources.
Wilson Sonsini thanks the British Venture Capital Association for use of its Summary of Terms, upon which this term sheet is based.
TERMS AND CONDITIONS
By using Wilson Sonsini’s UK BVCA-Styled Summary of Terms, you agree to the Terms and Conditions below.
No Lawyer-Client Relationship
The Wilson Sonsini UK BVCA-Styled Summary of Terms, including the online questionnaire and annotations (together the SOT), and the form of memorandum of terms generated by the SOT (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati, Professional Corporation and/or its affiliates, including Wilson Sonsini Goodrich & Rosati (UK), LLP (together Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation or legal or tax advice.
Neither the availability, operation, transmission, receipt nor use of the SOT or the Term Sheet is intended to create, or constitutes formation of, a lawyer-client relationship or any other special relationship or privilege. You should not rely upon the SOT or the Term Sheet for any purpose without seeking legal advice in relation to the jurisdiction in which you are based and (if different) that in which you intend to form your business. The SOT should not be relied on or treated as a substitute for specific advice relevant to your particular circumstances.
Waiver of Conflicts of Interest
You agree that you will not enter confidential information into the BVCA-Styled Summary of Terms. You further agree to waive any and all conflicts of interest arising from your use of the BVCA-Styled Summary of Terms. In particular, you agree that you will not seek to disqualify Wilson Sonsini or any of its attorneys on the basis that it obtained confidential information in connection with your use of the BVCA-Styled Summary of Terms. You also agree that you will not assert a breach of fiduciary duty claim or other impropriety against Wilson Sonsini or any of its attorneys on the basis of their having confidential information you shared in connection with your use of the BVCA-Styled Summary of Terms.
Privacy Matters
As part of the normal operation of the underlying software, the SOT temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the SOT, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use, or disclosure of the information furnished by you or otherwise collected by the SOT. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini’s website, which is available here.
Compliance with Laws and Acceptable Use Policies
You agree to use the SOT and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
You shall comply with any instructions given to you by Wilson Sonsini in relation to your access and use of the SOT and any and all acceptable use policies and requirements that may be in place from time to time.
Disclaimer of Liability
THE SOT AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE SOT AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you. Nothing in these Terms and Conditions limits or excludes our liability under English law for death or personal injury resulting from negligence, fraud or fraudulent representation, or any other liability under English law that cannot lawfully be limited or excluded.
Wilson Sonsini expressly disclaims all liability, loss or risk incurred as a direct or indirect consequence of the use of the SOT or the Term Sheet. Wilson Sonsini will therefore not be liable for any damage (including, without limitation, damage for loss of business or loss of profits) arising in contract, tort or otherwise from the use of, or inability to use, the SOT or any material contained in or produced by it, or from any action or decision taken as a result of using the SOT or any such material. By using the SOT or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith.
The information contained in the SOT and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the SOT or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the SOT and the Term Sheet.
Wilson Sonsini, at its sole discretion, may choose to change the terms, conditions, and operation of the SOT and the Term Sheet at any time. Whilst we endeavour to ensure that the SOT is normally available 24 hours a day, we will not be liable if for any reason it is unavailable at any time or for any period. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the SOT and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the SOT or the Term Sheet.
Wilson Sonsini reserves the right to amend these Terms and Conditions at any time. Your continued use of the SOT shall constitute your acceptance of any such amendments from time to time.
Use by Agents
You agree that, if an agent (e.g., a legal adviser, an employee, etc.) uses the SOT or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Tax and Circular 230 Compliance
The SOT does not address your tax circumstances or the satisfaction of any condition for any specific tax treatment for you or for any investor and you should not confirm or indicate any tax treatment to any third party by reference to the SOT or any related information. You and any third party that you may deal or be dealing with should seek separate tax advice based for your circumstances and full information about the relevant facts.
Specifically, and without limitation, to ensure compliance with requirements imposed by the IRS, we confirm that any communication (including any attachments) involved in the SOT is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein.
Using the above link to Wilson Sonsini’s U.S.-UK Transatlantic Term Sheet Generator, you can generate a venture financing term sheet based on your responses to an online questionnaire. The form term sheet is in part modelled on the National Venture Capital Association’s model term sheet as further adapted for certain concepts typically found in the UK venture capital market. It also has an educational component, with basic tutorials and annotations.
Please Note
Progress will not be saved. Any generated documents will open in Word.
Because it has been designed to account for a number of options, this version of the U.S.-UK Transatlantic Term Sheet is fairly expansive and includes more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the U.S.-UK Transatlantic Term Sheet to WSGR.UK-US@wsgr.com.
OTHER RESOURCES
The U.S.-UK Transatlantic Term Sheet is part of a suite of automation tools that Wilson Sonsini uses to generate start-up and venture financing-related documents. In addition to the U.S.-UK Transatlantic Term Sheet, Wilson Sonsini offers a public version of a U.S. Term Sheet Generator, U.S. Convertible Note Term Sheet Generator, and UK BVCA-Styled Summary of Terms for venture financings, which you can access through the above tabs. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECVC website for additional information and resources.
Wilson Sonsini thanks the National Venture Capital Association and the British Venture Capital Association for certain drafting recommendations upon which this term sheet has been inspired.
TERMS AND CONDITIONS
By using Wilson Sonsini’s U.S.-UK Transatlantic Term Sheet, you agree to the Terms and Conditions below.
No Lawyer-Client Relationship
The Wilson Sonsini U.S.-UK Transatlantic Term Sheet, including the online questionnaire and annotations (together the SOT), and the form of term sheet generated by the SOT (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati, Professional Corporation and/or its affiliates, including Wilson Sonsini Goodrich & Rosati (UK), LLP (together Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation or legal or tax advice.
Neither the availability, operation, transmission, receipt nor use of the SOT or the Term Sheet is intended to create, or constitutes formation of, a lawyer-client relationship or any other special relationship or privilege. You should not rely upon the SOT or the Term Sheet for any purpose without seeking legal advice in relation to the jurisdiction in which you are based and (if different) that in which you intend to form your business. The SOT should not be relied on or treated as a substitute for specific advice relevant to your particular circumstances.
Waiver of Conflicts of Interest
You agree that you will not enter confidential information into the U.S.-UK Transatlantic Term Sheet. You further agree to waive any and all conflicts of interest arising from your use of the U.S.-UK Transatlantic Term Sheet. In particular, you agree that you will not seek to disqualify Wilson Sonsini or any of its attorneys on the basis that it obtained confidential information in connection with your use of the U.S.-UK Transatlantic Term Sheet. You also agree that you will not assert a breach of fiduciary duty claim or other impropriety against Wilson Sonsini or any of its attorneys on the basis of their having confidential information you shared in connection with your use of the U.S.-UK Transatlantic Term Sheet.
Privacy Matters
As part of the normal operation of the underlying software, the SOT temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the SOT, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use, or disclosure of the information furnished by you or otherwise collected by the SOT. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini’s website, which is available here.
Compliance with Laws and Acceptable Use Policies
You agree to use the SOT and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
You shall comply with any instructions given to you by Wilson Sonsini in relation to your access and use of the SOT and any and all acceptable use policies and requirements that may be in place from time to time.
Disclaimer of Liability
THE SOT AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE SOT AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you. Nothing in these Terms and Conditions limits or excludes our liability under English law for death or personal injury resulting from negligence, fraud or fraudulent representation, or any other liability under English law that cannot lawfully be limited or excluded.
Wilson Sonsini expressly disclaims all liability, loss or risk incurred as a direct or indirect consequence of the use of the SOT or the Term Sheet. Wilson Sonsini will therefore not be liable for any damage (including, without limitation, damage for loss of business or loss of profits) arising in contract, tort or otherwise from the use of, or inability to use, the SOT or any material contained in or produced by it, or from any action or decision taken as a result of using the SOT or any such material. By using the SOT or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith.
The information contained in the SOT and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the SOT or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the SOT and the Term Sheet.
Wilson Sonsini, at its sole discretion, may choose to change the terms, conditions, and operation of the SOT and the Term Sheet at any time. Whilst we endeavour to ensure that the SOT is normally available 24 hours a day, we will not be liable if for any reason it is unavailable at any time or for any period. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the SOT and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the SOT or the Term Sheet.
Wilson Sonsini reserves the right to amend these Terms and Conditions at any time. Your continued use of the SOT shall constitute your acceptance of any such amendments from time to time.
Use by Agents
You agree that, if an agent (e.g., a legal adviser, an employee, etc.) uses the SOT or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Tax and Circular 230 Compliance
The SOT does not address your tax circumstances or the satisfaction of any condition for any specific tax treatment for you or for any investor and you should not confirm or indicate any tax treatment to any third party by reference to the SOT or any related information. You and any third party that you may deal or be dealing with should seek separate tax advice based for your circumstances and full information about the relevant facts.
Specifically, and without limitation, to ensure compliance with requirements imposed by the IRS, we confirm that any communication (including any attachments) involved in the SOT is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein.
Using the above link to Wilson Sonsini’s U.S.-UK Transatlantic Term Sheet Generator, you can generate a venture financing term sheet based on your responses to an online questionnaire. The form term sheet is in part modelled on the National Venture Capital Association’s model term sheet as further adapted for certain concepts typically found in the UK venture capital market. It also has an educational component, with basic tutorials and annotations.
Please Note
Progress will not be saved. Any generated documents will open in Word.
Because it has been designed to account for a number of options, this version of the U.S.-UK Transatlantic Term Sheet is fairly expansive and includes more detail than would likely be found in a customized application.
Contacts
Please direct any general questions regarding the U.S.-UK Transatlantic Term Sheet to WSGR.UK-US@wsgr.com.
OTHER RESOURCES
The U.S.-UK Transatlantic Term Sheet is part of a suite of automation tools that Wilson Sonsini uses to generate start-up and venture financing-related documents. In addition to the U.S.-UK Transatlantic Term Sheet, Wilson Sonsini offers a public version of a U.S. Term Sheet Generator, U.S. Convertible Note Term Sheet Generator, and UK BVCA-Styled Summary of Terms for venture financings, which you can access through the above tabs. The firm also offers other free online resources for entrepreneurs, including our Entrepreneurs Reports, our quarterly newsletters that present data on venture financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Visit our ECVC website for additional information and resources.
Wilson Sonsini thanks the National Venture Capital Association and the British Venture Capital Association for certain drafting recommendations upon which this term sheet has been inspired.
TERMS AND CONDITIONS
By using Wilson Sonsini’s U.S.-UK Transatlantic Term Sheet, you agree to the Terms and Conditions below.
No Lawyer-Client Relationship
The Wilson Sonsini U.S.-UK Transatlantic Term Sheet, including the online questionnaire and annotations (together the SOT), and the form of term sheet generated by the SOT (the Term Sheet) have been prepared by Wilson Sonsini Goodrich & Rosati, Professional Corporation and/or its affiliates, including Wilson Sonsini Goodrich & Rosati (UK), LLP (together Wilson Sonsini) for general informational purposes only and do not constitute advertising, a solicitation or legal or tax advice.
Neither the availability, operation, transmission, receipt nor use of the SOT or the Term Sheet is intended to create, or constitutes formation of, a lawyer-client relationship or any other special relationship or privilege. You should not rely upon the SOT or the Term Sheet for any purpose without seeking legal advice in relation to the jurisdiction in which you are based and (if different) that in which you intend to form your business. The SOT should not be relied on or treated as a substitute for specific advice relevant to your particular circumstances.
Waiver of Conflicts of Interest
You agree that you will not enter confidential information into the U.S.-UK Transatlantic Term Sheet. You further agree to waive any and all conflicts of interest arising from your use of the U.S.-UK Transatlantic Term Sheet. In particular, you agree that you will not seek to disqualify Wilson Sonsini or any of its attorneys on the basis that it obtained confidential information in connection with your use of the U.S.-UK Transatlantic Term Sheet. You also agree that you will not assert a breach of fiduciary duty claim or other impropriety against Wilson Sonsini or any of its attorneys on the basis of their having confidential information you shared in connection with your use of the U.S.-UK Transatlantic Term Sheet.
Privacy Matters
As part of the normal operation of the underlying software, the SOT temporarily stores information that you have entered (as well as a temporary copy of the Term Sheet) so that the underlying software can operate as designed. By using the SOT, you confirm that you have authority to share any information that you furnish. We disclaim any and all liability in connection with the collection, use, or disclosure of the information furnished by you or otherwise collected by the SOT. Please note that we cannot guarantee the security of any information transmitted to us over the internet. Please also refer to the Privacy Policy that generally governs the use of Wilson Sonsini’s website, which is available here.
Compliance with Laws and Acceptable Use Policies
You agree to use the SOT and the Term Sheet in compliance with all applicable laws, including applicable securities laws, and you agree to indemnify and hold Wilson Sonsini harmless from and against any and all claims, damages, losses, or obligations arising from your failure to comply.
You shall comply with any instructions given to you by Wilson Sonsini in relation to your access and use of the SOT and any and all acceptable use policies and requirements that may be in place from time to time.
Disclaimer of Liability
THE SOT AND THE TERM SHEET ARE PROVIDED AS-IS WITH NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. YOU ASSUME COMPLETE RESPONSIBILITY AND RISK FOR USE OF THE SOT AND THE TERM SHEET. Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to you. Nothing in these Terms and Conditions limits or excludes our liability under English law for death or personal injury resulting from negligence, fraud or fraudulent representation, or any other liability under English law that cannot lawfully be limited or excluded.
Wilson Sonsini expressly disclaims all liability, loss or risk incurred as a direct or indirect consequence of the use of the SOT or the Term Sheet. Wilson Sonsini will therefore not be liable for any damage (including, without limitation, damage for loss of business or loss of profits) arising in contract, tort or otherwise from the use of, or inability to use, the SOT or any material contained in or produced by it, or from any action or decision taken as a result of using the SOT or any such material. By using the SOT or the Term Sheet, you waive any rights or claims you may have against Wilson Sonsini in connection therewith.
The information contained in the SOT and the Term Sheet is provided only as general information and may not reflect the most current market and legal developments and may not address all relevant business or legal issues; accordingly, information in the SOT or the Term Sheet is not promised or guaranteed to be correct or complete. Further, Wilson Sonsini does not necessarily endorse, and is not responsible for, any third-party content that may be accessed through the SOT and the Term Sheet.
Wilson Sonsini, at its sole discretion, may choose to change the terms, conditions, and operation of the SOT and the Term Sheet at any time. Whilst we endeavour to ensure that the SOT is normally available 24 hours a day, we will not be liable if for any reason it is unavailable at any time or for any period. Wilson Sonsini, in its sole discretion, reserves the right to refuse to provide you access to the SOT and the Term Sheet. You agree that Wilson Sonsini shall not be liable to you for loss or damages that may result from our refusal to provide access to the SOT or the Term Sheet.
Wilson Sonsini reserves the right to amend these Terms and Conditions at any time. Your continued use of the SOT shall constitute your acceptance of any such amendments from time to time.
Use by Agents
You agree that, if an agent (e.g., a legal adviser, an employee, etc.) uses the SOT or the Term Sheet on your behalf, you are nonetheless bound as a principal by all terms and conditions herein.
Tax and Circular 230 Compliance
The SOT does not address your tax circumstances or the satisfaction of any condition for any specific tax treatment for you or for any investor and you should not confirm or indicate any tax treatment to any third party by reference to the SOT or any related information. You and any third party that you may deal or be dealing with should seek separate tax advice based for your circumstances and full information about the relevant facts.
Specifically, and without limitation, to ensure compliance with requirements imposed by the IRS, we confirm that any communication (including any attachments) involved in the SOT is not intended or written to be used, and cannot be used, for the purpose of:
- avoiding penalties under the Internal Revenue Code, or
- promoting, marketing, or recommending to another party any transaction or matter addressed herein.
Wilson Sonsini’s Entrepreneurs Reports are our quarterly newsletters that present data on venture financing transactions and convertible note financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Certain issues include interviews with entrepreneurs, venture capitalists, or other influencers among the venture community.
We are always looking for ways to make the Entrepreneurs Report useful for readers. If there is anything that you would like us to address in a future report, please contact Scott Baird at sbaird@wsgr.com.
For more information about this report or if you wish to be included on the email subscription list, please contact EntrepreneursReport@wsgr.com. There is no subscription fee.
2025
- The Entrepreneurs Report - Full-Year 2025
- The Entrepreneurs Report - Q3 2025
- The Entrepreneurs Report - Q2 2025
- The Entrepreneurs Report - Q1 2025
2024
- The Entrepreneurs Report - Full-Year 2024
- The Entrepreneurs Report - Q3 2024
- The Entrepreneurs Report - 1H 2024
- The Entrepreneurs Report - Q1 2024
2023
- The Entrepreneurs Report - Full-Year 2023
- The Entrepreneurs Report - Q3 2023
- The Entrepreneurs Report - 1H 2023
- The Entrepreneurs Report - Q1 2023
2022
- The Entrepreneurs Report - Full-Year 2022
- The Entrepreneurs Report - Q3 2022
- The Entrepreneurs Report - 1H 2022
- The Entrepreneurs Report - Q1 2022
Wilson Sonsini’s Entrepreneurs Reports are our quarterly newsletters that present data on venture financing transactions and convertible note financings in which the firm was involved, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. Certain issues include interviews with entrepreneurs, venture capitalists, or other influencers among the venture community.
We are always looking for ways to make the Entrepreneurs Report useful for readers. If there is anything that you would like us to address in a future report, please contact Scott Baird at sbaird@wsgr.com.
For more information about this report or if you wish to be included on the email subscription list, please contact EntrepreneursReport@wsgr.com. There is no subscription fee.
2025
- The Entrepreneurs Report - Full-Year 2025
- The Entrepreneurs Report - Q3 2025
- The Entrepreneurs Report - Q2 2025
- The Entrepreneurs Report - Q1 2025
2024
- The Entrepreneurs Report - Full-Year 2024
- The Entrepreneurs Report - Q3 2024
- The Entrepreneurs Report - 1H 2024
- The Entrepreneurs Report - Q1 2024
2023
- The Entrepreneurs Report - Full-Year 2023
- The Entrepreneurs Report - Q3 2023
- The Entrepreneurs Report - 1H 2023
- The Entrepreneurs Report - Q1 2023
2022
- The Entrepreneurs Report - Full-Year 2022
- The Entrepreneurs Report - Q3 2022
- The Entrepreneurs Report - 1H 2022
- The Entrepreneurs Report - Q1 2022
- Privacy Policy
- Terms of Use
- Accessibility