What is Clean vs. dirty terms?
A "clean" term sheet uses market-standard, founder-friendly terms (1x non-participating preference, broad-based antidilution); a "dirty" one stacks investor-favorable terms that can outweigh a higher headline valuation at exit.
Where you will use it: this term comes up in the Entrepreneurial Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Entrepreneurial Finance course by Devon Coombs, CPA, MBA.