Investor Consent Rights in Day-to-Day Decisions
After a priced round, some company decisions need a yes from your investors before you act. These investor consent rights, often called protective provisions, …
Category
Fundraising
Pitch decks, term sheets, SAFEs and valuations, explained from both the founder and investor side.
Fully Diluted Shares Explained With a Worked Example
You own half the shares, so you own half the company. Right? Not quite. Once options, warrants and SAFEs enter the picture, the number that investors, lawyers …
Fundraising for Solo Founders
Raising money without a co-founder is harder, but it is far from impossible. Investors back solo founders every year when the story is clear, the risks are …
Writing Investor Thank-You Notes After a Close
The wire has landed, the documents are signed and you finally have a moment to breathe. Before the next sprint begins, there is one small task that pays off for …
Fundraising for Second-Time Founders
Your second startup comes with advantages your first one never had: a network, a track record and hard-won lessons. It also comes with new traps, from raising …
Convertible Note Maturity: What Happens When Notes Come Due
A convertible note is supposed to turn into equity at your next priced round. But every note also has a maturity date, and sometimes that date arrives before …
Grant Applications: Writing a Winning Budget Section
Many small businesses pour their energy into the project story of a grant application and leave the budget until the night before the deadline. That is a …