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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

That said, Jonathan Bragdon, General Partner, Capacity Capital , points out that Flexible VC terms “twin” well with equity: providing less dilution while still providing investor assistance. . has open-sourced their investment structure , now on version 3.0, which they co-developed with Fenwick & West. .

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

Startup Company Lawyer

After the recent announcement of the Series Seed Financing documents by Marc Andreesen, Brad Feld points out that there are now four sets of “open source&# equity seed financing documents: TechStars Model Seed Funding Documents (by Cooley). This post assumes that you have a basic understanding of Series A financing terms.

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Version 2.0 and why Series Seed Documents are better than capped convertible notes

www.seriesseed.com

Redline - Series Seed Term Sheet (1 v. Series Seed Term Sheet (v 2.0). link and Series Seed Term Sheet (v 2.0) One issue I do have with the term sheet though is the provision for $10K in investor legal expenses.   Redlines. Redline - Series Seed COI (1 v. Series Seed Form SPA.

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Series Seed Financing Documents

www.seriesseed.com

2) Redline - Series Seed Term Sheet (1 v. Series Seed Term Sheet (v 2.0) price based anti-dilution). Series Seed Term Sheet (v 2.0) Additionally, I plan to “open source” the documents so that they can be continually improved by suggestions from the community.

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Model Series Seed Docs

The Startup Lawyer

The drafters are “open sourcing&# the documents so that they may be continually improved by the startup community. The Amended and Restated Certificate of Incorporation includes the typical provisions you might find in a VC deal, less (i) preferential dividends, (ii) redemption rights, and (iii) price based anti-dilution.

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Understanding the Risks of VC Signaling

Both Sides of the Table

They said that they didn’t want the extra money or dilution. We used the Y Combinator open source term sheet. We signed the term sheet within 48 hours and had funded in under 2 weeks. If you accept my terms you’re done. They elected to sign my term sheet.

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VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. If a VC term sheet comes in they begin their due diligence process. The contra is also true. What exactly is seed funding anymore?