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In this episode of "No Fear Equity," host Sophia Sang introduces startup attorney Mike Laplate to simplify the complexities of a Series A term sheet for startups. The tutorial aims to demystify the legal language associated with fundraising, specifically when raising a priced round. Mike, with extensive experience working with numerous startups, will help explain the critical components of a Series A term sheet. The discussion begins with the importance of understanding the stated free money valuation, as the example company is looking to raise $5 million. The focus is on making equity and fundraising concepts accessible to entrepreneurs.