4 ms·
Is it common for Series A term sheets to state valuation in post-money? I know the YC SAFE docs are [now] post-money. I wonder if that is driving the post-money
by jiveturkey 7y ago
Is it common for Series A term sheets to state valuation in post-money? I know the YC SAFE docs are [now] post-money. I wonder if that is driving the post-money valuation term in the Series A template, or is it just that this is typical? I've no idea what really happens but from the little I've picked up in casual browsing it seems that you typically raise on pre-money valuation
- gnicholas 7y agoWe were duped by a corporate accelerator on this. We negotiated the valuation of the company, and then when the docs came through, they portrayed that valuation as being inclusive of the money to be invested. At the time, I investigated this and learned that most valuations are done on pre-money terms. It was just one of several scuzzy things that said corporate VC would do.