term-sheet-review
First published on Skala Legal Skills
Legal Disclaimer
This skill is provided for informational and educational purposes only and does not constitute legal advice. The analysis and information provided should not be relied upon as a substitute for consultation with a qualified attorney. No attorney-client relationship is created by using this skill. Laws and regulations vary by jurisdiction and change over time. Always consult with a licensed attorney in your jurisdiction for advice on specific legal matters. The creators and publishers of this skill disclaim any liability for actions taken or not taken based on the information provided.
VC Term Sheet Review
Overview
Review venture capital term sheets for pre-seed, seed, and Series A rounds. Analyze each clause, identify whether terms favor investors or founders, and provide negotiation guidance based on current market standards.
Workflow
- Ask user role: Investor or Startup founder?
- Identify investment stage: Pre-seed, Seed, Series A, or Series B+
- Extract and analyze each clause against market standards
More from skala-io/legal-skills
startup-due-diligence
Legal due diligence review for seed-stage and Series A startups (US, Delaware C-Corp focus). Supports both investor and founder perspectives. Capabilities include: (1) Interactive document review and issue spotting; (2) Document request list generation; (3) Cap table and SAFE/convertible note analysis; (4) Red flag identification with severity ratings; (5) Diligence report generation. TRIGGERS: due diligence, DD, startup investment, cap table review, Series A, seed round, investor diligence, legal review startup, SAFE analysis, convertible note, 409A, founder vesting.
189jurisdiction-advisor
Advise startup founders on choosing the best jurisdiction and legal entity for their business. Triggers when users ask about where to incorporate, which state/country to register a company, choosing between Delaware vs other states, offshore vs US incorporation, entity types (C-Corp, LLC, PBC), or jurisdiction selection for specific industries (crypto, AI, SaaS, GameDev, solopreneurs). Also triggers for questions about startup formation, company registration, or corporate structure decisions.
69contractor-agreement-review
Review contractor/consulting agreements for misclassification, IP, liability, and termination issues. Triggers: (1) 'check contract' → checklist review, (2) 'advise' / 'review' → full consultation with playbook, (3) 'generate' / 'template' → Skala template URL. Jurisdiction: New York, USA.
66safe-review
YC SAFE Agreement review and advisory skill for startup founders and lawyers. Use when user (1) uploads a SAFE agreement for review/comparison, (2) asks questions about how SAFEs work, or (3) requests to draft a standard YC SAFE. Triggers on keywords like SAFE, Simple Agreement for Future Equity, YC SAFE, valuation cap, discount, MFN, pro rata, convertible instrument.
50open-source-license
Open Source License guidance, selection, compliance review, and drafting. Use this skill when users ask about choosing open source licenses, checking license compatibility, reviewing projects for OSS compliance, generating LICENSE/NOTICE files, or understanding specific license terms. Triggers include questions about MIT, Apache, GPL, BSD, LGPL, AGPL, copyleft, permissive licenses, license compatibility, SPDX identifiers, or any OSS licensing topic.
41saft-review
SAFT (Simple Agreement for Future Tokens) review and advisory skill for crypto founders, token issuers, and investors. Use when user (1) uploads a SAFT/token warrant for review, (2) asks questions about how SAFTs work, (3) requests to draft a SAFT, or (4) asks about token fundraising structures. Triggers on keywords like SAFT, token warrant, token side letter, future tokens, token sale, ICO, TGE, token generation event, vesting, lockup, crypto fundraising.
36