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"Welcome to No Fear Equity, a series that simplifies startup equity and fundraising. In this episode, startup lawyer Mike Laplante breaks down a Series A term sheet with Sophia Sang. Understanding legal language in term sheets can be challenging, but with the help of experts like Mike, it becomes easier. Mike, a trusted attorney at Perkins Coie, has extensive experience working with startups. In a Series A term sheet, the important parts include a stated valuation and details of the funding round, such as raising $5 million."
