This course provides an introduction to the key terms and conditions found in typical venture capital financing term sheets created for start-up companies.

John Montgomery outlines the process of putting together term sheets within the context of two key elements, the client and the marketplace. Using a term sheet that contains both convertible note financing and Series A financing, he reviews the specific elements needed to create an effective document that serves the needs of current clients in the current marketplace.

Montgomery & Hansen, LLP began business in 2003 as Montgomery Law Group, LLP. Though the firm itself is fairly young, its attorneys collectively have decades of experience and have acted as lead counsel on transactions worth billions of dollars.

M&H was founded on the principle that a client’s interests are best served by attorneys who focus on a particular area of the law. As other firms have added practice areas indiscriminately, M&H has limited its practice to what the firm does best—build successful companies.

Being a company builder means many things. It means long, unpredictable hours, a willingness to be “always on” and a tolerance for risk that is unusual in our industry.

But, more than anything, it means a tireless commitment to surrounding clients with an ever-expanding group of people with complimentary talents and skills. M&H has been called a “Keiretsu,” a “Virtual Incubator” and an “Accelerator.”

Whatever term is appropriate, it is the ability to connect people that makes Montgomery & Hansen truly special.