Founder Playbook
What is a priced round? How valuation and dilution work
A priced round fixes a startup's valuation and share price on the spot. Here is how that sets what founders give up, and how it differs from a SAFE.
Results for “Down round”
3 stories in Founder Playbook, in Ohio
Founder Playbook
What is a Series B round? A guide using Town's $108M raise
Series B is a priced, equity-based round that usually follows a Series A. Town's $108 million deal shows what is disclosed in these announcements, and what is not.
Founder Playbook
What is a term sheet? How to read the terms behind a funding round
A term sheet sets valuation, investor protections and governance before the lawyers draft the final deal. Here is what it contains and what recent Carta data says about pricing.