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Welcome to No Fear Equity, a series simplifying startup equity and fundraising. Sophia Sang introduces startup lawyer Mike Laplante to explain a Series A term sheet. Understanding a term sheet is crucial during a price round. Laplante, with extensive experience at Perkins Coie, will dissect the key elements of a term sheet. It's important to note the stated valuation in the terms, as each company's fundraising process will differ. Let's dive into the details.
