Bijan Salehizadeh of Highland produced this in-depth document on term sheets in conjunction with a workshop he co-hosted at the Stanford Emerging Entrepreneurs in Biomedical Technology Conference. The document draws on numerous sources (attributions are listed in the document) and was reviewed and edited by several experienced lawyers at a major west coast law firm. That being said, we emphasize that these are only opinions and please seek good, experienced legal counsel as early as possible in the process.

Based in Highland's Menlo Park office, Bijan partners with entrepreneurs and management of medical devices and biotechnology healthcare companies. Bijan represents Highland on the board of Hyperion Therapeutics and OpGen, and is or has been actively involved in Highland's investments in BAROnova, Conor Medsystems (IPO; acquired by Johnson & Johnson), Magen BioSciences and Predictive Biosciences.