Our term sheets

The goal of our term sheets

We’ve been founders ourselves. We have seen term sheet trends come and go. We have seen best practices emerge – mostly in the USA, which were then imported to Europe. And most importantly, we have witnessed how founders’ motivation crumbled or stood the test of time based on the people and terms they worked with. From our point of view, a few basic truths hold up:

1. All entrepreneurs are driven by a desire to change the status quo: to test their vision of how things should be and how a problem should be addressed.
2. Most founders are also guided by a sense of fairness which implies that the compensation they receive for the amount of time, effort and risk incurred must be substantial.
3. They have no tolerance for anything boring, be it problems, challenges or people. It’s either fast & furious, or not worth the effort.

We at Beam want to be successful. So we need to be attractive for the best founders.

Beam is here to launch three startups every year. (Read more about our vision and mission in ‘how we work’.)

What we offer:

• 85% company equity for Beam and 15% for the founders
• You will be working towards a 7-figure earn-out after 5 years. We define, together, a small set of business KPIs at launch. Then we review and fine-tune these after two years – by which time your startup’s business model will have fully ‘locked in’ to its product vs. market fit. Your earn-out will depend on how well you hit these KPIs. Keep in mind: Beam isn’t stingy. We just want to create the next BG company in intra-logistics
• EUR 6-digit pre-seed funding to build your MVC (minimum viable company)
• All follow-on (growth) funding comes from Beam – you will save years of your life otherwise spent fundraising
• If need be: Finding the right co-founder