Essentials
Deal mechanics
Term sheets, SAFEs, valuations, share classes and dilution - what the early-stage paperwork actually means.
- SAFE vs convertible note: how they differ 31 May 2026
- What is dilution and how it affects angel investors 31 May 2026
- Pro-rata rights and follow-on investing, explained 23 May 2026
- Pre-money vs post-money valuation, explained 22 May 2026
- What an option pool is and how it affects your stake 15 May 2026
- What is a cap table and how to read one 14 May 2026
- Ordinary vs preference shares for angel investors 6 May 2026
- What is a term sheet? An angel investor guide 5 May 2026
- What is a valuation cap and a discount? 27 April 2026
- Liquidation preferences, explained in plain English 27 April 2026
- Anti-dilution provisions, decoded 19 April 2026
- How startup equity and share classes work 18 April 2026
- The key clauses in an angel term sheet 11 April 2026
- How early-stage startup valuations are set 10 April 2026