Wilson Sonsini Goodrich & Rosati, which has long been considered one of the leading law firms for venture-backed businesses, recently launched an innovative (and free) tool called the WSGR Term Sheet Generator. Users can generate their own model term sheet for a venture capital financing by answering a series of online questions and can access annotations prepared by the firm explaining the significance of various issues. Links are also available to reports that include market data on venture financings that has been collected by the firm during the course of its extensive representation of entrepreneurs and venture capitalists. It's worth checking out!
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