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How do the sample Series Seed financing documents differ from typical Series A financing documents?

Startup Company Lawyer

In a typical venture financing, there is a voting agreement that governs how specific board seats will be filled. In angel financings, I typically eliminate the voting agreement anyway and simply have a closing condition that the board consist of certain persons. Typical list for company-friendly VC financing.

Finance 70
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Knowledge Is Power: Convertible Note Financing Terms, Part V

Gust

I have to admit my West Coast bias here, having learned the ropes at a large Silicon Valley firm ; it makes little sense to me to have investor’s counsel drafting documents that are woven into the fabric of a company’s governance and capital structure, with which the company will likely be living for years after the investment is made.

Finance 79