Seed Term Sheet Template (YC Standard)

Built on YC's clean standard, this template highlights the terms that matter and the "dirty terms" that can quietly cost founders control and economics.

What you get:

• A complete seed term sheet template covering investment terms, preferred stock terms, governance, and founder vesting

• YC-standard guidance built into every clause liquidation preference, board composition, anti-dilution, and protective provisions

• A founder's guide to 6 "dirty terms" to watch for, including 2-2-1 board control and participating preferred

• A cap table appendix template to track pre- and post-investment ownership