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Valuation, SAFEs & term sheets
Understand the paper before you sign it.
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How do SAFEs and term sheets differ in India versus the US?
India can't use the plain US SAFE directly because of company-law constraints, so founders use the iSAFE (structured as compulsorily convertible pr...
How big should my ESOP pool be, and why does the term sheet always want it carved out pre-money?
Investors almost always ask you to create or top up an ESOP pool (often 10 to 15 percent) before the money goes in, which is the option pool shuffl...
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