How do the sample Series Seed financing documents differ from typical Series A financing documents?
Startup Company Lawyer
MARCH 14, 2010
Recently, I have seen a lot of seed stage financings being structured as convertible debt with a price cap , which is an alternative to the equity financing contemplated by the Series Seed documents. Certain angel investors refuse to do convertible debt deals, but will be okay if there is a price cap. Voting agreement.
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