Preparing for Funding Ep7: Seed Round – Recut
Manage episode 376269211 series 3231263
Office Hours is our podcast covering general issues related to small businesses and startups. Preparing For Funding is a series of Office Hours episodes hosted by VW Partners Kevin Vela and Rad Wood about getting your company’s legal house in order before taking on funding. We are recutting this series to reflect updates in law and venture trends in the last 5 years to better help you navigate through preparing for funding.
In the final episode of this series, we discuss seed rounds, including the difference between convertible notes, SAFEs, and equity rounds, and how seed rounds have changed over the last 5 years.
Time Stamps
- 1:57 – Concern for Accelerators
- 3:48 – Seed Rounds in 2018 v 2023
- 10:24 – Convertible Securities: SAFEs & Convertible Notes
- 15:03 – Why SAFEs Are Popular
- 18:58 – Equity Rounds
- 23:23 – Party Rounds, Lead Investors & Maturity Dates
Related Content
- Vela Wood Venture Deals Report 2022
- Comparing Convertible Instruments
- Dilution Done Well
- The Mechanics of Converting Convertible Notes
- Understanding The New Post-Money SAFE
- VDR Ch. 4, Part 1: Economic Terms of the Term Sheet
- VDR Ch. 5: Control Terms of the Term Sheet
References
48 episodes