ParetoBridge

A DealLift Tool

Setup

Set up your Term Sheet Workspace

Choose your side, upload the draft term sheet, and invite your counterparty to begin.

Role

Interview Briefing

Share Your Priorities

You will now talk to a Fiduciary. The Fiduciary is a neutral third party that will try to help both of you create a better deal.

Goal of the Fiduciary

  • The Fiduciary will try to understand your goals and priorities for this deal.
  • The Fiduciary will be able to achieve the best outcome for you if you share information openly and honestly.
  • You cannot lose. If you do not like the deal proposed by the Fiduciary, you will simply fall back on your existing deal.

How the information you share will be used

  • The information you share with the Fiduciary is strictly confidential and will not be shared with the other side or any third party.
  • The Fiduciary will use the information you provide during the interview to draft a new proposed term sheet. This proposal will better reflect your priorities as a Founder.
  • The Fiduciary will provide a high-level description of the benefits of the new proposal for each side.
  • After the interview, you will be presented with a summary of what the Fiduciary learned. At that point, you can still add, edit, or remove information before it is used in the proposal.

Interview

Confidential Interview

Chat with the neutral Fiduciary who will try to help both of you create a better deal.

Founder Interview

The Fiduciary will gather information about your priorities as a founder.

Review Fiduciary Process

Goal of the Fiduciary

  • The Fiduciary will try to understand your goals and priorities for this deal.
  • The Fiduciary will be able to achieve the best outcome for you if you share information openly and honestly.
  • You cannot lose. If you do not like the deal proposed by the Fiduciary, you will simply fall back on your existing deal.

How the information you share will be used

  • The information you share with the Fiduciary is strictly confidential and will not be shared with the other side or any third party.
  • The Fiduciary will use the information you provide during the interview to draft a new proposed term sheet. This proposal will better reflect your priorities as a Founder.
  • The Fiduciary will provide a high-level description of the benefits of the new proposal for each side.
  • After the interview, you will be presented with a summary of what the Fiduciary learned. At that point, you can still add, edit, or remove information before it is used in the proposal.

Wait for Partner

Waiting on Partner Interview Responses

You can continue when your partner finishes the interview step.

Partner interview status: in progress

24h
Simulated Time

Improvements

Review the Fiduciary Proposal

The Fiduciary proposes an alternative term sheet intended to improve outcomes for both sides.

Why this proposal is better for both parties

See Confidential Explanation

Fiduciary Proposal

Choose Accept or Decline to continue.

Have Counsel Use DealLift to Improve Your Charter

Charters are often outdated or contain drafting errors. CharterCheck can automatically review your charter against recent legal developments and drafting risks. Check this box if you want your side's counsel to review and submit the charter to CharterCheck.

Wait for Partner

Waiting on Partner Decisions

You can continue when your partner finishes making decisions.

Partner decision status: in progress

Results

Mutual Term Sheet Results

Changes are only made if both sides accept. If neither party or just one party wants a change, it is not adopted.

Included In Final Term Sheet

    Not Included

      Final Term Sheets

      Review the Original and Improved Term Sheets

      The improved version shows redlined changes and can be downloaded as a Word document.

      Original Term Sheet

      Improved Term Sheet