Understanding venture capital term sheets

Since yesterday's post on term sheets, I've gotten a bunch of emails asking me for more information about term sheets. I will continue to write on the topic but I thought I would point people to this super useful resource created by my VC friend Brad Feld. (Be forewarned it's a list of all his term sheet posts) He does a better and more thorough job of explaining all the terms than I'll ever do. I'll be able to give some entrepreneurial perspective on the same terms.