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Redact Term Sheet Template

Redact Term Sheet Template

Aug 6th, 2022

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How to Redact Term Sheet Template

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In this episode of "No Fear Equity," hosts Sophia Sang and startup attorney Mike LaPlate from Perkins Coie discuss the complexities of a Series A term sheet, essential for startups raising a priced round. They emphasize the challenges of understanding the legal language in such documents. Mike, with extensive experience working with startups, aims to clarify the key components of a Series A term sheet. Notably, they highlight the importance of the stated valuation, using an example of a company raising $5 million. The tutorial promises to simplify these concepts for better comprehension.

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