风险投资公司会遵循一定的程序进行投资。风险投资商在对创业企业完成了初审、面谈、审慎调查几个阶段的接触后，如果认为所申请的项目前景看好，那么便可开始进行投资形式和估价的谈判。这个阶段中风险投资家往往会出具一份文件，就风险投资公司与创业企业未来的投资交易作原则性约定，供双方谈判。这就是条款清单(term sheet)。 Venture capital companies will follow certain procedures to invest. After venture capitalists have completed contact with the startup company in several stages of preliminary examination, interview, and careful investigation, if they think that the prospect of the project they are applying is promising, they can begin negotiations on investment forms and valuation. At this stage, venture capitalists often issue a document to make a principled agreement on the future investment transactions of venture capital companies and startups for negotiation. This is the term sheet.