Curious how people here have handled this in practice. When you got your first term sheet (or sent one), what did you actually do with it? Did you send it straight to a lawyer, build your own dilution spreadsheet, use some kind of tool or calculator, or just read it a few times and trust the negotiation? Specifically wondering: Did anything help you understand terms like liquidation preference or anti-dilution before you were sitting across from the investor, or did you learn them mid-ne...