Evaluate a term sheet

Overview

Finance professionals reviewing term sheets, whether for investment, lending, or partnership deals need to quickly assess whether the proposed terms are complete, market-standard, and adequately protect their interests.

Comet's assistant can analyze an uploaded term sheet, identify missing or non-standard provisions, flag one-sided language, and benchmark terms against typical market practice. This gives you you a structured evaluation without hours of manual review. This is especially useful for early-stage deal assessment or when bandwidth is tight.

Key output

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Tips

• Specify the deal type and stage: Provide context like "this is a Series A preferred equity term sheet for a SaaS company" so Comet benchmarks the terms against the right market standards
• Ask for a risk-ranked summary: Request "rank the terms by investor favorability and flag any that are significantly outside market" to quickly identify where to push back in negotiations
• Follow up on specific clauses: Once you have the overview, go deeper with "explain the practical impact of this liquidation preference structure in a down-exit scenario" to stress-test the economics