Term Sheet Deep Dive w. Fenwick & JP Morgan (Founder Fundamentals Series)
🧭 Founder Fundamentals: Term Sheet Deep-Dive with Fenwick
Join us over lunch for a practical walkthrough of venture term sheets. Kat Duncan, partner at Fenwick, will unpack the common clauses you’ll see—and the uncommon ones that meaningfully change outcomes. We’ll focus on what the terms mean for your ownership, control, and long‑term flexibility, with clear guidance on how to approach negotiations.
You’ll learn:
Liquidation preferences, participation, and how they impact returns
Option pool sizing, pro rata rights, and dilution (and how SAFEs and convertible notes factor in)
Protective provisions, board composition, and founder control
Uncommon terms (pay‑to‑play, MFN, super pro rata) and when they surface
Speaker: Kat Duncan, Partner, Fenwick
Best for: Founders raising pre‑seed to Series A rounds in the next 1-6 months.
About Founder Fundamentals Series
The Founder Fundamental Series is a series of workshop-style events hosted by JP Morgan Startup Banking for early stage startup founders. FFS aims to support early-stage and first time founders with essential knowledge and networking to get their company from zero to one. Events are held on the third Thursday of every month and include VCs, service providers and experienced founders to share their experience and contribute to your success.
(Please note these events are exclusively for founders currently working full time on their venture.)
About JP Morgan Startup Banking
We help startups of all sizes, growth stages and industries. Our experienced, firm-wide Innovation Economy team can deliver financial solutions and guidance to help you grow, network and scale toward an IPO. With tech that powers growth, J.P. Morgan gives early-stage startups, venture-backed and high growth companies the agility needed to make secure, real-time, efficient decisions.
Learn more about our Banking Solution for early-stage startups.