Term Sheet

Term Sheet is Fortune's daily briefing on the deals moving venture capital and private equity: funding rounds, IPOs, acquisitions, and the people behind them. Investors, founders, and finance professionals read it to know who raised what before their first meeting of the day.

The format favors terse, scannable deal listings with short commentary on what a given round or exit actually signals. Coming out of Fortune's business desk also means it folds in market context that standalone deal-tracking newsletters sometimes skip entirely.