Term Sheet Traps | Navigating a Successful Venture Financing

​Join Eric Davison from Cooley for a candid, practical deep dive into the red flags and hidden traps buried in term sheets for venture capital financings.

​Eric will unpack how to negotiate a term sheet for a VC financing, what terms are “market standard” and what should raise alarm bells, and how the terms you agree can impact governance and outcomes down the line.​From liquidation preferences to board dynamics and exit economics, this session focuses on protecting your equity, navigating a successful fundraise and safeguarding long-term value.

​​Don’t sign blind. Understand exactly what you’re agreeing to and how it impacts your future.

​​This session is reserved for UK founders who are actively fundraising or preparing for their next raise.

​About Eric

​​Eric Davison is a partner​​ in Cooley's private companies group. He advises high-growth technology companies and their investors on private financings, mergers and acquisitions and strategic and corporate governance matters.

​About Cooley

​With deep roots in Silicon Valley, Cooley is the go-to law firm for high-growth, disruptive technology and life sciences companies and their investors. Cooley advises on 1,700+ venture capital financings annually and has been the #1 law firm representing VC-backed companies going public for the last 15 years. The firm advises more than 7,000 fast-growth private company clients on all their legal needs, including formation, financings, scaling towards M&A and IPOs, and ongoing counselling, as well as serving as primary fund counsel to 700+ investment funds, including many of the most prominent VCs in the US and Europe.

​About Novabook

​Novabook is the accounting firm for startups. We give founders access to the best UK accountants to handle all your accounting, with real humans you can call whenever you need. Alongside this, Novabook has built a software platform that automates the admin founders hate - no invoice chasing, no missed emails, and no manual payments. Novabook can help you with everything from bookkeeping, payroll and VAT to R&D claims and EMI valuations. We save founders time and money with the most responsive accounting solution for your startup.