Deal terms
Term sheets, SAFEs, notes and the clauses that decide who gets paid, explained clause by clause.
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Convertible notes vs SAFEs: which one should you raise on?
Both convert into equity later. One is debt, with interest and a maturity date. A side-by-side comparison with a worked example.
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Liquidation preferences, explained with a $30M exit
How 1x, 2x and participating preferences split the same exit, with worked numbers, and the terms founders should push back on.
All topics
Start here · Raising money · Deal terms · Valuation & dilution · After the raise · VC stories
