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"Welcome to No Fear Equity, a series simplifying startup equity and fundraising. Sophia Sang introduces Mike Laplate, a startup attorney, to discuss term sheets for a Series A funding round. Understanding legal jargon can be challenging, but Mike breaks down key components of a term sheet. It's crucial to note the stated pre-money valuation in terms of funding. The company in question is raising $5 million. Stay tuned for more insights!"