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You might know it as a or a . Maybe you’ve heard it referred to as an MOU, or memorandum of understanding. Whatever you call it, this document of about five pages is a summary of the terms of a deal the parties hope to close down the line.

A weekly roundup of some interesting articles and resources we've found. Links compiled by Morgan Monroe.

You’ve just received your first venture capital . Congratulations—you’ve earned it. Now what does it all mean? “Pre-money valuation,” “ preference,” “pro-rata rights”? A seasoned venture capitalist (in this post, a VC or investor) has seen and invoked these concepts hundreds, if not thousands, of times. You? Maybe not so much.

A weekly roundup of some interesting articles and resources we've found. Links compiled by Jared Brenner.

A weekly roundup of some interesting articles and resources we've found. Links compiled by Jared Brenner.

A weekly roundup of some interesting articles and resources we've found. Links compiled by Jared Brenner.