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Venture Capital Demystified: A Fundraising Guide for Entrepreneurs, Investors, and Lawyers

YoungUpstarts

As an entrepreneur, your goal when raising financing is to get several term sheets — the documents describing the terms and conditions of financing. One of the worst positions you can be in during a financing is to have investors interested, but be too far short of your goal. Determine how much you need to raise.

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Unintended Consequences: When SAFE and Convertible Notes Go Awry

Pascal's View

We’ve received numerous constructive comments, both privately and on social media, from attorneys, VCs, and CEOs who are well aware of the problem (including several who are experiencing it in real time). When it comes time to convert the notes, these entrepreneurs face ‘sticker shock’ about their post-financing ownership.