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SMS Settlement Term Sheet Template

SMS Settlement Term Sheet Template

Aug 6th, 2022

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How to SMS Settlement Term Sheet Template

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In this episode of "No Fear Equity," host Sophia Sang discusses startup equity and fundraising with attorney Mike Laplate from Perkins Coie. The focus is on understanding a Series A term sheet, which can be complicated due to legal jargon. Laplate, who has extensive experience with startups, aims to clarify the essential components of a term sheet. The session emphasizes the significance of the stated free money valuation in the terms, highlighting that the company is raising $5 million. Viewers are encouraged to grasp these critical elements for better navigation of price rounds and fundraising.

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