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Starting a company can be overwhelming, especially with fundraising concepts like stock, preferred stock, options, and convertible notes. This video, "Fundraising for Startups 101," aims to clarify these terms for early-stage tech startups looking to raise capital. The convertible note is the most commonly recommended fundraising instrument. Before understanding convertible notes, it’s essential to grasp how equity (or stock) functions. The video encourages viewers to revisit any confusing terms and refers to the description for a glossary. The presenters express gratitude to Carao Ventures for validating their legal documents.