Founder Scenario

Raising Your First Seed Round

Founders preparing to raise their first priced seed round after formation, early hires, or convertible fundraising.

Common Questions

What founders usually ask here

  • What happens when SAFEs or notes convert?
  • How is pre-money vs post-money valuation calculated?
  • How much ownership will founders give up?
  • What role does the option pool play in the round?
  • How do investor rights differ from common stock?
  • Priced equity rounds
  • Preferred stock
  • Pre-money vs post-money valuation
  • Convertible instrument conversion
  • Dilution mechanics
  • Option pool expansion
  • Liquidation preferences
  • Governance rights

Related Reading

Articles that explain the mechanics

Keep Exploring

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Related resources

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