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Scott Yaphe, a General Partner with ABS Ventures in Boston presented a workshop on "Term Sheets" from a business as opposed to legal perspective. You'll gain a broad understanding of the terms typically seen in an investor term sheet. This includes terms related to getting a deal done initially (i.e. valuation, amount of investment), terms that affect a startup as it grows (i.e. decision and control rights) and terms related to getting out of a deal (i.e. liquidation preferences, drag-along rights). Best practices around negotiating a term sheet as well as pitfalls to avoid are also discussed. Learn more about the Harvard Innovation Lab at http://i-lab.harvard.edu/ and follow us on Twitter at / innovationlab and like us on Facebook at / harvardinnovationlab