A thoughtful analysis by a knowledgeable lawyer (Yokum Taku of WSGR) of various seed-stage terms and their use in standardized sets of financing documents appea

A thoughtful analysis by a knowledgeable lawyer (Yokum Taku of WSGR) of various seed-stage terms and their use in standardized sets of financing documents appears here: http://www.startupcompanylawyer.com/2010/03/14/how-do-the-sample-series-seed-financing-documents-differ-from-typical-series-a-financing-documents/ http://www.startupcompanylawyer.com/2010/03/14/how-do-the-sa.... As appears from his useful chart comparing the various standard sets, investors (and lawyers) just have different ideas of what they regard as important for different types of investments. Jason Mendelson, a well-known lawyer-turned-VC, took this further in a piece entitled "Why There Will Never Be a Standard Set of Seed Documents" (http://www.jasonmendelson.com/wp/archives/2010/03/why-there-will-never-be-a-standard-set-of-seed-documents-a-k-a-why-brad-feld-will-fail.php http://www.jasonmendelson.com/wp/archives/2010/03/why-there-...), in which he gets into more details about how people differ on what protections and terms to seek when making early-stage investments.