iterable

nice one Steli

yea that's a great point.

nice dude. you have an email list?

Awesome Zac

nice

Thanks! Really appreciate it.

nice job Zach

Happy to answer any fundraising questions as they arise - hit me at [email protected] - name is Michael

Hey - by 'pre VC investment' I assume you mean raising a first round of tens or low hundreds of thousands - basically enough to hack out the first version of the product. In this case, yes, you should generate your own term sheet, and make it very reasonable (we give you some guidelines in the article) so as not to deter investors. One reason for this is that due to your stage and the amount you are raising, you are unlikely to have a 'lead' investor in the classical sense. Also - you should definitely raise this round as a convertible note. It is cheaper, faster, and much easier to 'raise as you go'.

Hey - made this post to explain the term sheet. Would love any feedback.