This page lists three turns, the messages you send to the AI one after another in the same chat, and then a check of the answer. Keep it open next to your chat. Each turn shows the next thing to paste, with the values you entered already filled in. Nothing is sent from this page, and your conversation stays in the AI tool you are using.
Paste the term sheet or the operative provisions, including side letters.
What kind of transaction this is and its headline size.
Which party the board sits on top of, and its posture in the deal.
Board composition and how technical the room is; sets the vocabulary ceiling.
Shapes the recommendation and how conditions are framed.
Drives which corporate approvals and director-duty procedures the deal triggers.
Watch for these throughout
Directors are protected by being informed. A term compressed out of the summary is a term the board did not consider, and that is the fact pattern that surfaces later.
Numbers must match the execution version exactly, including the fully diluted denominator and the post-money definition. The model will restate a percentage from memory of the paste and get it subtly wrong.
Approval requirements come from the charter, the certificate of designations, and existing investor agreements, not from the deal document you pasted. Confirm every one before the meeting.
Side letters and management carve-outs routinely carry the terms directors most want to know about. If you did not paste them, they are not in this summary.
Board materials are usually not privileged in the way the email transmitting them is. Assume this page could be produced.