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

Startup Company Lawyer

Future rights. If new investors get better rights in a future equity financings (such as registration rights, price-based anti-dilution, redemption rights, etc.), then the holders of the Series Seed get these better rights. Right of first offer on future financings. Registration rights.

Finance 70
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Model Series Seed Docs

The Startup Lawyer

The drafters also anticipate a management rights letter will be included in order to ensure “Venture Capital Operating Company&# compliance for the VC investor(s). (3) 3) Investors’ Rights Agreement. The IRA does not provide for any registration rights. 4) Term Sheet.

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Model Series Seed Docs

The Startup Lawyer

The drafters also anticipate a management rights letter will be included in order to ensure “Venture Capital Operating Company&# compliance for the VC investor(s). (3) 3) Investors’ Rights Agreement. The IRA does not provide for any registration rights. 4) Term Sheet.