I like what they're going for, but I'm not sure it really works. - Some of the terms, as noted by others here, are ambiguous (board seat esp). - Some of the t

I like what they're going for, but I'm not sure it really works. - Some of the terms, as noted by others here, are ambiguous (board seat esp). - Some of the terms are IMO founder unfriendly (option pool - though I recognize it's still "normal" to have that in a term sheet; reverse vesting; OMG _monthly_ financials!), and reading the "nice" language gives me the impression of someone trying to fuck me over, even if they're not trying to do it any more so than normal. - this makes it harder to compare to other term sheets, which typically use similar language to each other. That makes it harder to spot things you don't agree on. It's also harder to read for people with experience reading such term sheets (eg other founders who are helping you, lawyers). I would recommend instead giving a "normal" term sheet and including the glossary and explanation alongside it instead. I think that would be well received.