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Starting a company can be daunting, especially when navigating fundraising instruments like stock, preferred stock, options, and convertible notes. This tutorial, "Fundraising for Startups 101," aims to clarify these concepts for early-stage tech startups seeking capital. The recommended instrument for raising funds is the Convertible Note, but it's essential first to grasp how equity (or stock) functions. Stock represents ownership in a company and is distributed in portions. For those unfamiliar with terminology, the video includes a glossary. The tutorial acknowledges support from Carao Ventures for validating their legal documents.
