Question:What is a Term Sheet? 

A It is a document which stipulates the term of the investment. 

B It is a document which the company receiving funding prepares, stating what their expected revenues for the upcoming years are. 

C It is another term for "executive summary". 

D It is a document which stipulates the venture capital firm's terms for the investment, such as the amount they will invest, the percentage of equity they require in exchange for the investment, and their expectations of the company they are investing in. 

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