5 Stages of Funding: Deal Structure
Manage episode 437873720 series 3568219
Congratulations! You just found an investor who believes in you and wants to fund your business. Now comes the next hard part - structuring the deal and setting up your startup paperwork.
For early stage entrepreneurs, the step can be confusing and overwhelming, but it doesn’t have to be complicated.
In fact, you can get it dialed in quickly with minimal headaches. That’s if you set it up right from day 1.
The key? Being flexible, growth-friendly and accommodating future changes.
What are the two setups you can use? How do you make negotiations easier? How do you build in your option pool, and make sure you do right by the employees who believed in you early?
In this episode - part 4 of the 5 stages of funding, I talk about the components of startup paperwork and the least complicated way to set it up.
Topics Covered;
-How to set up your seed funding with terms that are flexible and future-proof
-Why you don’t want to have a valuation too early
-SAFES vs. convertible notes
-How to get into momentum faster
-How to get legal counsel without breaking the bank
About Your Host
Jayla Siciliano, Shark Tank entrepreneur turned real estate investor, excels in building brands, teams, and products. CEO of a bi-coastal luxury short-term rental company, she also hosts the Seed Money Podcast where she’s on a mission to help early-stage entrepreneurs turn their ideas into reality!
Connect:
Website: seedmoneypodcast.com
Instagram: @jaylasiciliano
Subscribe and watch on YouTube @seedmoneypodcast
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice.
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