In this episode, Liz Sigety, chair of Fox Rothschild's Emerging Companies and Venture Capital practice, shares her expertise in working with startups, her role as a co-founder of the Delaware Crossing Investor Group, and her extensive experience as an angel investor.
Tune in to hear Liz's thoughts on funding mechanisms for early-stage companies, how to pick the right funding vehicle, the differences between SAFEs and convertible notes, and what founderss should think about in selecting the right one for their raise.
Get a deep dive on the Angel Capital Association's new Model Convertible Note straight from the source! Liz headed the team at the ACA that worked to develop and publish this comprehensive new template!
Hear Liz's thoughts on:
- The critical factors that drive your choice of funding vehicle
- Primary differences between SAFEs and convertible notes
- How legal fees impact your choice of funding vehicle, and what ti keep in mind
- The little known tax issue that can make or break your deal for investors
- Why tax matters for you as a founder, and how ti minimize your tax risk
- How the ACA's new model convertible note changes the game for founders and investors
- The make or break features of your convertible note: discounts, valuation caps and maturity
- The "iceberg" factors of convertible notes: early sale, board representation, information rights and more
- How to put together a foolproof term sheet as a first time founder
- Insider tips for women founders in STEM from an experienced angel and attorney
and much more.
Only on Invisible Ink!
