Prior to doing a seed round or a full venture capital financing, startups frequently need to do a “friends and family” round of financing. This money is often essential to carry startups through to …
Anatomy of a Term Sheet 2 – Pre-Money Valuation and the Option Pool
Welcome to Anatomy of a Term Sheet Part Two. In the first part, we looked at the introductory language and some of the basic offering terms in the model term sheet of the National Venture Capital …
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