Fundraising
2 essays on this topic.
Investors or Independence? When a Small Startup Should Raise
Outside money buys speed, but it costs control and adds pressure. A plain-language framework for deciding if, when and why a small startup should raise.

Read Every Word You Sign: Term Sheets for First-Time Founders
Valuation, dilution, liquidation preference, board seats and vesting, explained in plain language for first-time founders reading a term sheet.
