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Modern Startup Financing by Carolynn Levy

Startup School by Y Combinator

CHAPTER

What Hasn't Changed Over the Years?

The old way of raising early money was to do a series a preferred stock financing. The process and those documents themselves really haven't changed over the years. Communication with investors has always been important because this is fundamentally about a relationship. Jerry's wuil t touch on this: It used that the cost of starting a company has decreased a ton over the years.

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