The proliferation of SAFEs and Convertible Notes (collectively, “Convertible Securities”) the past few years has given rise to a new problem when raising your Series A financing – “party rounds” with a lot of stakeholders who prove difficult to manage.
A typical startup company authorizes one class of Common Stock with simple rights. An example of such rights is that each share of Common Stock is entitled to one vote on all matters subject to stockholder approval. However, as valuations
There’s never been a better time for raising startup capital, but this makes things increasingly complex for founders. Venture financing is always evolving, and 2017-18 has been no different. A company’s future — and the stake of the founders —