What does it mean when a VC says "I'll invest after a term sheet from another VC?

Hey Guys,
I'm fundraising and need some help!
As a 1st time founder it's very new to me the jargons VC use and what does it actually mean.
I recently had a conversation with a VC and he said "Come back to me after receiving a term sheet from another VC!
If anyone know what this exactly means then drop in the comment and you'll be getting Karma points for helping a founder ;)