Receiving a term sheet is an exciting time for any early-stage startup founder, and in this video, we explain what makes up a term sheet, how to deal with dilution, and all things pro formas.

Free video courses for founders:
Equity 101: https://carta.com/equity-101
Cap Table 101: https://carta.com/learn/cap-table-101
VC 101: https://carta.com/learn/vc-101

Startup industry data and other resources:
Carta Data Desk: https://carta.com/data-desk
Carta Classroom: https://carta.com/learn