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Correct Settlement Term Sheet Template

Correct Settlement Term Sheet Template

Aug 6th, 2022

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How to Correct Settlement Term Sheet Template

4.7 out of 5

25 votes

In this episode of "No Fear Equity," hosted by Sophia Sang, the focus is on demystifying startup equity and fundraising, particularly Series A term sheets. Sophia introduces Mike Laplate, a seasoned startup attorney from Perkins Coie, who will guide viewers through the complexities of a term sheet. They emphasize that understanding the legal language is crucial for anyone raising a priced round. The discussion includes key elements of a term sheet, with a specific example of a company aiming to raise $5 million, highlighting the importance of recognizing the stated pre-money valuation. The episode aims to simplify these concepts for entrepreneurs.

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