You finally do it. After months of pitches, updates, and near-misses, an investor says yes . You exhale, text the team, and for a minute it feels like the round is done. Then the docs land in your inbox - and you realize the raise isn’t over; it’s entering a new phase - a different ball game all together. Terms, instruments, rights, preferences…suddenly there’s a lot more to decide than just “how much.” This is when you have to pick the lane you’ll run in: convertible or pr

Time and again startup founders have approached us saying that they simply cannot place one number to their valuation. The founder says it should be $5M, an advisor says it should be $3M and an investor says it should be $1M. Truth is, startup valuations can indeed be quite tricky, arbitrary and subjective. But this doesn’t mean that it should all be left to luck or driven solely by investors. In fact, our recommendation to founders is always to have a thorough understanding

Expected exit route While most of the startups expect to provide an exit by going public someday, majority of your exit opportunities...