Remove 2008 Remove Cofounder Remove Differentiation Remove Due Diligence
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How do the sample Series Seed financing documents differ from typical Series A financing documents?

Startup Company Lawyer

Founders Institute Plain Preferred Term Sheet (by WSGR – disclaimer, I represent the Founders Institute and was involved in drafting this document). To differentiate it from typical “Series A&# preferred stock, which comes with certain expectations with regard to rights. Co-sale rights. Legal fees.

Finance 70
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Time is the Enemy of All Deals

Both Sides of the Table

My co-founder and other management team members wanted us to hold off and see whether we could get the deal done at a higher price. We moved into the legal process and final due diligence in January and February of 2000. History repeated itself in September 2008 with that market crash. I was resolute.