This is the third 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 start-up 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 start-up 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 (in two parts along with the following video as it is a big topic) covers the typical rights attaching to the preference shares issued on a Series A financing round. 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.