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Welcome to No Fear Equity, where we simplify startup equity and fundraising terms. Sophia Sang presents a series on understanding a term sheet. Mike Laplante, a startup lawyer from Perkins Coie, breaks down the complexities of a Series A term sheet. In a price round, it's crucial to grasp the legal language in the term sheet. Mike emphasizes the free money valuation and discusses key parts of the term sheet. Join us as we navigate through the details of startup funding.
