How to Negotiate Your First Term Sheet

Lucas and Luna break down what every idea-stage founder needs to know before signing their first term sheet. They walk through a real case: a $500,000 pre-seed round where the founders nearly gave up too much control. You'll learn the three specific terms that matter most — valuation, liquidation preference, and board composition — and why 'standard' docs often aren't in your favor. Plus, a practical framework for knowing when to push back and when to walk away. No legal jargon, just the math and leverage points that actually determine whether your first deal sets you up or sets you back. #TermSheet #PreSeed #FounderAdvice #StartupFunding #VentureCapital #Negotiation #LiquidationPreference #BoardComposition #Equity #DealTerms #Business #Technology #FexingoBusiness #BusinessPodcast #IdeaStage #FirstCheck #FounderEquity #YC Keep every episode free: buymeacoffee.com/fexingo