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What Is the Value of the Series Seed Term Sheet?
preferred stock is a different class of stock thattethe employees hold. It has a whole set of rights associated with it that a common stock does not. The price per share will be based on a pre money valuation, and including an available option pool of another amount. So say you are raising two million dollars at a ten million dollar post money valuation. You then invest the money to get to a post time valuation. This governs. O ka, purchasers. But so far we've gottena when people say something like, oh, i'm raising a two on ten. We actually changed this in our version ecause we wanted to be much more clear about spelling out like, what is