12min chapter

This Week in Startups cover image

Legal must-haves before raising capital with Becki DeGraw | Wilson Sonsini Startup Legal Basics

This Week in Startups

CHAPTER

Navigating Legal Pitfalls in Startup Financing

This chapter addresses the critical legal challenges founders face when dealing with agreements like SAFEs without proper legal guidance. It emphasizes the importance of understanding key legal documents and financial concepts to avoid costly mistakes during fundraising. Founders are encouraged to proactively manage their financial landscape, particularly by maintaining a well-structured cap table and grasping the implications of various investment terms.

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