A $10 million pre-money valuation does not tell founders or investors what a deal is actually worth. Liquidation preferences, participation rights, dividends, anti-dilution provisions, option pools, QPOs, caps, and future financing terms can move millions between the participating parties.
Term Sheet Genie reveals the true economic value of a deal. It values every right in the contract across the full range of ways the company could turn out, so the financial consequences are clear before an agreement is signed.