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Knowledge Is Power: Convertible Note Financing Terms, Part V

Gust

On the investor side, representations and warranties in the purchase agreement primarily relate to securities law compliance. Having come to the end of our overview series, I’ll discuss some of the pros and cons of different deal structures, more recent innovations such as Series Seed documents, and other variations in future posts.

Finance 79
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Cracking The Code: The Bessemer 10 laws of SaaS - Fall 2008.

Cracking the Code

This single number is the key to determine your level of sales and marketing investment and is very simple to calculate by looking at a quarterly GAAP P&L: you just have to divide the annualized net gross margin added during the quarter by the sales and marketing costs of the previous quarter. Philippe Botteri. Bessemer SaaS Law # 4.