Three term sheets in 2 weeks , seeking advice from founders and VC- I will not promote

I'm not a tech person, and until this year I'd never given serious thought to starting a company. My college roommate went into venture after school, and for the 12 years we'd been half-joking that I should build something. I never really put serious thought into it. Late last year, while working on an entirely unrelated project, I came to a scary realization. The more I dug into it, the clearer it became that various market participants were operating with an Achilles heel none of them had fully accounted