Office Hours is our podcast covering general issues related to small businesses and startups. Preparing For Funding is a series of Office Hours episodes about getting your company’s legal house in order before taking on funding.
We have recut this series to reflect updates in law and venture trends in the last 5 years. Listen to Ep7 Recut here.
In this episode, we discuss what constitutes a seed round in Dallas and contrast the three potential structures of a seed round – equity, convertible note, and a SAFE.
References
Series SeedGustAngelListNVCARelated Content
Here’s Why Dallas is Primed For ‘Series A’ FundingCharting the Landscape of Series Seed Investing in North TexasEarly-Stage Startup Lifecycle Infographic VDR Ch. 8: Convertible DebtVDR Ch. 6, Part 1: Other Terms of the Term Sheet (protective provisions)Don’t Have Enough Authorized Shares? There’s a Fix for That.VDR Ch. 3: Overview of the Term SheetVDR Ch. 4, Part 1: Economic Terms of the Term Sheet (valuations)How Lifting the Solicitation Ban Benefits Startups