Venture Capital Term Sheet Generator

Saw this from Guy Kawasaki’s America Express Open Blog roll.  Its from law firm Wilson Sonsini Goodrich & Rosati.  From their site…

WSGT Term Sheet Generator: This tool will generate a venture financing term sheet based on your responses to an online questionnaire. It also has an informational component, with basic tutorials and annotations on financing terms. This term sheet generator is a modified version of a tool that we use internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture financing-related documents.”

This is an amazing tool and a must review for any entrepreneur interested in potentially raising money for a company in the future.  From my test drive, its good to have access to wikipedia and other online research tools to help answer some questions you might have as you go through it, but its a really interesting way to become more familiar with this process.

As a side note, I’m sure it will serve WGST well as a new business tool.