About this video
A lean Singapore investor drops a Series A deal pack into Ellie and the lawyers' draft quietly rewrites the executed term sheet.
Full description
Harleston Capital Partners screens the S$8.0M Series A of Mirefield Health from a nine-document deal pack on the Singapore instance. Ellie reconciles the executed term sheet against SHA Draft 3 and the cap table, catching the ESOP basis switch (S$4.00 to S$4.71 per share, 5.00% to 4.40%, S$240,000 of day-one value), the founder-vesting carve-out, and a revenue claim 17.9% ahead of the accounts, read from Chinese-language management accounts and screen captures of a locked data room. Citation clicks open the signed documents at the highlighted clause. The committee gets a one-page cited Brief and a ten-page IC paper before Friday's IC.
Key points
- Term sheet vs shareholders' agreement reconciliation with clause-level citations
- The ESOP basis switch caught and quantified: S$240,000 of day-one value
- Chinese-language accounts and data-room screen captures read and cited at page level
- One click opens the signed document at the highlighted clause
- An IC-ready Brief and committee paper, every figure cited
Video details
- Roles
- Investor / LP
- Processes
- Acquisitions
- Geographies
- APAC
- Tags
- venture-ic-memo