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Bad Notes on VC

Gust

It’s like we need a finance 101 course for entrepreneurs. In finance they call it “terminal value” but the truth is the price is as arbitrary at your A round as it is at your seed round. I really just want to champion Finance 101 to entrepreneurs. Him: But when I raised my first round we didn’t know how to price the company.

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Do It Right The First Time, Part II: Visit the Doctor or House Call?

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From choosing a legal entity or jurisdiction to properly documenting IP assignments and stock issuances to complying with securities laws and avoiding potentially enormous tax penalties in the future, there is plenty here to warrant consulting a professional.

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Knowledge Is Power: Convertible Note Financing Terms, Part V

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As we conclude our convertible note financing series, there are assorted terms commonly seen in term sheets and deal documents that are worth touching on briefly. The Note Purchase Agreement and Convertible Promissory Note are essential documents for any convertible note financing.

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