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Welcome to No Fear Equity, where we simplify startup equity and fundraising. Sophia Sang introduces a real startup lawyer, Mike LaPlante, to discuss a Series A term sheet. Understanding legal jargon can be challenging, but Mike is here to help. He explains the key aspects of a term sheet, such as the free money valuation. Mike's experience working with thousands of startups gives valuable insights into the complex world of fundraising. Let's dive into the details!