News & Events > News > Tyler Harkness Breaks Down Nuts and Bolts of Term Sheets for Oregon Angel Food
Tyler Harkness Breaks Down Nuts and Bolts of Term Sheets for Oregon Angel Food
On July 20, Tonkon Torp attorney Tyler Harkness led a session on term sheets for the Oregon Angel Food (OregonAF) 2021 workshop series. Hosted by the Oregon Entrepreneurs Network, the series provides information to help entrepreneurs successfully launch and scale a food or beverage business.
During his session, Tyler provided a nuts and bolts overview of investor term sheets. Tyler walked attendees through a hypothetical term sheet for a financing, which should outline the material terms upon which investors will make an investment into a company. He looked at several typical issues addressed in a term sheet, discussed why they are important for entrepreneurs to understand, and outlined how to use term sheets as a tool to attract investors, structure a deal, and negotiate terms efficiently.