Term Sheet · Draft
Series A Term Sheet
Valuation
Pre-money valuation shall be $12,000,000.
The post-money cap table reflects Ppost = Ppre + I.
Product
A structured document editor with a legally-aware lifecycle. Author in Markdown, notate in LaTeX, execute through the Baldwinson Protocol.
01 — Syntax
Markdown for humans. LaTeX for notation. Atto for structure. The three layers parse into a single canonical Abstract Syntax Tree (AST) and serialize back losslessly.
Every file is plain text. Git-compatible. Human-readable. Diffable. What you write is what ships.
Term Sheet · Draft
Pre-money valuation shall be $12,000,000.
The post-money cap table reflects Ppost = Ppre + I.
---
title: Series A Term Sheet
document_type: term_sheet
authoring_mode: hybrid
---
::parties
- role: Company
name: Baldwinson Corp.
- role: Investor
name: Atto Ventures
::
## Valuation
Pre-money valuation shall be **$12,000,000**.
The post-money cap table reflects $P_{post} = P_{pre} + I$. 02 — Directives
Parties, signatures, attachments, callouts, review anchors. Each is a first-class node in the AST — not cosmetic markup. The parser validates them; the protocol acts on them.
Directives can be nested, referenced, and queried. A signature block knows which party it belongs to. An attachment knows whether it has been verified.
::parties
- role: Provider
name: Baldwinson Corp.
- role: Client
name: Example Client LLC
:: ::signature-block
- party: Atto Ventures
signer: Jane Hart
title: Managing Partner
sign_order: 2
:: ::callout
tone: warning
title: Review Required
This clause applies only on quarterly distributions.
:: 03 — Notation
Inline and display math render in place — no insert-object dance, no screenshot of a formula. The editor preserves the source; the renderer shows the notation.
For financial schedules, legal definitions, or scientific content, notation is content. Atto treats it that way.
The late fee is L = B × 0.015 per day.
The late fee is $L = B \times 0.015$ per day. Compound interest over n periods:
A = P(1 + r⁄n)ntCompound interest over $n$ periods:
$$
A = P\left(1 + \frac{r}{n}\right)^{nt}
$$ 04 — Lifecycle
When every required signer has countersigned, the document transitions to frozen. From that point, the content is immutable and the Baldwinson Protocol layer fires execution events.
Every state transition is an MQTT event. Every event is recorded in the patch log. There is no “which version was signed” question.
# topic: atto/doc/{id}/lifecycle
event: sign.intent
party: baldwinson-corp
signer: curtis@baldwinson.co
order: 1
at: 2026-04-23T18:04:12Z
---
event: sign.accept
sig: ed25519:AQ...dF
hash: sha256:4c1f...a7
---
event: doc.freeze
root: sha256:8b22...e9
final: true