4 lessonsSeed to Series A

Investment Instruments for Startups

Learn about the different types of investment instruments used by startups from the early stage through Series A.

Created by Lazo

124 minutes of lessons

View first lesson

The videos are presented in their original language. The written course overview is in English.

Learn about the different types of investment instruments used by startups from the early stage through Series A. From equity to convertible instruments such as SAFEs and convertible notes, we’ll take a closer look at how they work, as well as their most common features and clauses. Topics covered include:

Term sheet: Definition and clauses
Introduction to convertible investment instruments
Convertible Note
SAFE

Additional topics in the original course outline (lessons not yet available):

SAFE terms explained
Conversion of pre-money and post-money SAFEs

Your lessons, in order

1.
Term Sheet: Definition and Clauses
Learn what a term sheet is and which key clauses to negotiate. This article explains the financial and corporate clauses you can negotiate with investors for everyone’s benefit.
Free56 min
2.
Introduction to Convertible Instruments
With Novus Concilium, this article introduces you to convertible instruments and all the basic concepts related to them.
Free40 min
3.
Convertible Note: What It Is, How It Works, and Key Terms
Learn about the Convertible Note, a debt investment instrument designed to make fundraising easier for startups.
Free15 min
4.
SAFE: What It Is, How It Works, and Its Clauses
Learn about the SAFE, an instrument created by Y Combinator to make fundraising easier for startups.
Free15 min

Your lessons, in order

Term Sheet: Definition and Clauses

Introduction to Convertible Instruments

Convertible Note: What It Is, How It Works, and Key Terms

SAFE: What It Is, How It Works, and Its Clauses