Breaks down every clause in a VC or M&A term sheet into plain English, flags deviations from market norms, and outputs a prioritized negotiation roadmap.
Breaks down every clause in a VC or M&A term sheet into plain English, flags deviations from market norms, and outputs a prioritized negotiation roadmap. Use it before signing or whenever you need to quickly assess what a counterparty is actually asking for.
Context: My client [company/investor] has received a term sheet for a [Series A/B/C / acquisition / joint venture]. The counterparty is [description]. Client's priorities: [list — e.g., valuation, board control, liquidation preferences].
Role: Act as a venture capital / M&A attorney advising on terms.
Ask: Analyze each provision of the attached term sheet. For each term, explain (1) what it means in plain English, (2) whether it is market-standard, favorable, or unfavorable to my client, (3) specific negotiation points and fallback positions. Flag any missing terms that should be added.
Format: Term-by-term analysis table: Term, Plain English Explanation, Market Assessment, Negotiation Strategy. Separate section for missing terms.
Tone: Strategic and practical. Prioritize terms by impact on client's stated priorities.
Source: https://claudeforlawyers.com/blog/claude-ai-prompts-for-lawyers