DiscoverFounder's Journey UnpluggedPre-Seed Funding - Part 2: Mistakes to avoid from term sheet to contract signing
Pre-Seed Funding - Part 2: Mistakes to avoid from term sheet to contract signing

Pre-Seed Funding - Part 2: Mistakes to avoid from term sheet to contract signing

Update: 2023-05-16
Share

Description

In the previous episode, we reflected on how we got from a pitch to a term sheet to raise our 1.8m pre-seed round for our Startup Flinn Comply. In this episode, we describe our learnings around signing a pre-seed venture capital funding round after receiving a term sheet. We talk about questions such as:

  • What is a term sheet, and what should I pay attention to?
  • What are essential terms I should know about and consider when negotiating my funding round?
  • How do I structure my cap table?
  • How can I ensure a smooth closing process from term-sheet to the actual capital increase?
  • What mistakes should I avoid in consideration for future funding rounds?
Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Pre-Seed Funding - Part 2: Mistakes to avoid from term sheet to contract signing

Pre-Seed Funding - Part 2: Mistakes to avoid from term sheet to contract signing

Bastian & Markus