So you’ve built a product and got some traction. You’ve even got some interest from VCs for your Series A round. Now it’s time to structure and close your Series A, on the best terms for you.
Setting out a clear understanding of each other’s position early on in funding conversations is key – you want to avoid nasty surprises along the way. You’ll be surprised how quickly simple mistakes can sink a potential deal.
In this webinar, Aaron Terwey, Corporate Attorney at Atrium covers everything you need to know about negotiating your Series A. Specifically, he discusses:
– Dividends
– Liquidation Preference
– Protective Provisions
– Board Composition
– Reimbursement of Expenses
– Option Pool
– Management/Information Rights
– Pro Rata Rights
Atrium is a full-service corporate law firm that uses modern technology to give startups a legal experience that is fast, transparent, and price-predictable. Atrium has offered its legal services to over 250 startups, who have raised $500+ million in funding. Atrium recently raised a $65 million Series B round led by Andreessen Horowitz along with Sound Ventures and General Catalyst.
Download the slides here.