How to Structure a Friends and Family Round When Fundraising for a Startup Without Future Risk
Starting a company often starts with personal conviction—and the conviction that others have in you. For most founders, that conviction first manifests itself as money from family and friends. That phase of fundraising for a startup is typical, but it’s also fraught with peril if not managed well. While the process may seem informal, structuring […]
How to Understand Term Sheets While Raising Capital for Your Startup
Sourcing funds to expand your startup is a significant milestone. Having built traction and piqued investor attention, you now have a term sheet. Although this is an exhilarating achievement, the following process can be complicated—particularly if you’re not familiar with what a term sheet actually entails. A term sheet might not be binding under the […]