This is the fourth in a series of 10 videos presented by Lee Bagshaw on negotiating Series A term sheets in Southeast Asia.  The aim of the videos is to help startup founders understand the technical content of a typical term sheet, and to highlight the areas that are best to focus on in negotiations with potential investors.

The videos are based around a typical term sheet which you can download above.  The term sheet is marked up from a startup founders’ perspective, and we recommend you watch the video with the mark-up in front of you as Lee refers to it often.

This latest video continues on from the last one covering the typical rights attaching to the preference shares issued on a Series A financing round (specifically conversion and anti-dilution).  We’ll upload the remaining videos over the next few weeks. Subscribe for video updates and we’ll email you when we release new videos.