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Welcome to "No Fear Equity," a series simplifying startup equity and fundraising. Sophia Sang introduces startup lawyer Mike LaPlante to dissect a Series A term sheet. Understanding legal jargon can be challenging, but Mike, from Perkins Coie, breaks down the complexities with his vast startup law experience. In a Series A term sheet, a stated pre-money valuation is crucial for raising funds. Let's dive into the key elements of this process together.
