A format of a Term Sheet was standardized in order to provide the entrepreneurial community with another decision-making tool. This document was reviewed and prepared with the help of law firms well-known in the entrepreneurial world such as González Calvillo and Bernardo Tamez from Legalmind, and Andrés Cardenas from Cardenas Ortiz Monasterio Abogados.
“A positive sign of the ecosystem’s maturity is that the standard deviation between one term sheet and another, discounting valuations and focusing on general terms, become more and more standardized. It makes the rules of the game very clear; best practices are more apparent and less time is spent negotiating.” ***Alejandro Diez Barroso, Partner at Dila Capital***
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