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In this lesson, Mike Laplante from Perkins Coie discusses main investor agreements typically found in a term sheet. The first two agreements are the stock purchase agreement and investor rights. The stock purchase agreement is where shares are bought, with little room for negotiation. It is common for founders to pay investors' legal fees in connection with the financing round. There are five primary agreements in every preferred stock financing, and this lesson breaks them down one by one. Let's delve into the details without delay.
