Term Sheets - What you’re really agreeing to and why it matters (in person + virtual)

A term sheet can feel like a win, until you realise you don’t fully understand what you’ve agreed to.

This session demystifies term sheets / heads of terms, focusing on what founders actually need to pay attention to, where flexibility exists, and which clauses can shape your company long after the round closes.

Designed to help founders enter negotiations informed, prepared, and confident.

Whether you’re pre-raise, actively fundraising, or planning ahead, this session will help you navigate term sheets with clarity and confidence.

Who this is for

Founders preparing for their first institutional roundFounders who’ve received (or expect to receive) a term sheetAnyone who wants to avoid expensive mistakes laterStartup leaders who want to understand the process before they’re under pressure

This is not about “winning” negotiations. It's about setting healthy foundations.

Why Attend?

Because a term sheet can shape your company for years, long after the excitement of the round fades.

This session helps founders understand what matters, what’s market-standard, and where early decisions can have long-term consequences.

You’ll attend if you want to:

Read a term sheet with confidence, not confusionKnow which clauses deserve real attention and which don’tUnderstand the balance between economics and controlAvoid agreeing to terms that quietly limit future rounds or exitsAsk better questions before things become expensive to change

Setting healthy foundations for your company and future investors it's much more important than you think.

What we’ll cover

What a term sheet / HoT really is (and isn’t)Economic vs control terms and why both matterClauses founders often underestimateWhat’s market-standard vs negotiableHow terms impact future rounds and exitsWhen to push back and when not to

The Details

📍 Where: Anderson Strathern, Edinburgh + Virtual📅 When: Monday 25th May ⏰ Time: 12:00 - 13:00 hrs

If you're interested in coworking today next to peers building with intent find more info and sign up on this link.

This is curated, not crowded.Spaces are limited and offered on a first-come, first-served basis. Spaces will fill fast.

⚖️ About Anderson Strathern

​One of Scotland’s leading law firms with a global outlook, trusted by founders and investors alike.

​​Exclusive for Foras: 20% off legal fees, a free 30-minute discovery call, and priority access to their corporate law experts on venture, M&A, and scaling internationally.

Read more and have access to the perks here

​​​​🌍 About Foras Ventures ✳️:

​​​​​​​We drive investment and talent to the UK, as a launchpad for global growth. With a 15K+ global network of founders, investors, and operators. Foras Ventures creates opportunities for startups, investors, corporates, governments, and academia to connect, expand, and thrive on the international stage.

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​✈️ Runway Membership(new!)

​We also opened the waitlist for Runway, our new global membership for startup leaders, investors, venture builders and ecosystem leaders focused on global scale. Still people-first. Still rebellious. Just sharper tools, deeper backing, and a tighter focus on global growth.

​👉🏼 Join the Runway Waitlist

​​We're exploring what this new membership could include.

​If you're feeling extra generous, and have a spare few minutes, we have a survey which will help us build something truly meaningful.​As a thank-you for being part of this journey, people completing the survey will receive 50% off on the membership the first year.​🙏🏻 ​Help Us Build Something Great!

​​🗣️ Safespace Global

​​​​​We have zero tolerance for harassment, discrimination, micro-aggressions, intimidation, threats, and violence, and we’re committed to ensuring that Foras events remain inclusive, safe spaces for everyone.

​​​To ensure everyone feels safe and respected at our event, we have partnered with SafeSpace Global and implemented the SafeSpace Plus™ tool. This tool enables you to report any incidents or violations of our Code of Conduct, such as harassment, discrimination, bullying, or offensive behaviour.If you or someone you know has witnessed or experienced any of these incidents at our events, please submit an Incident Report to let us know.

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​​📸 Important Info

​​​By attending this event you agree to be photographed and filmed, and we may use the footage for marketing purposes. Additionally, we will share the attendee list with our valued sponsors.

​​​​If you prefer not to have your photos or footage used, or if you do not wish for your details to be shared with sponsors, kindly let us know. We will be more than happy to accommodate your preferences.

​​​​Thank you for your understanding, and we look forward to seeing you at the event.