StartGrid
Where Founders Plug In

Founder & Investor Guides

Fundraising mechanics explained in plain language: how the instruments, terms, and cap table math actually work, without the jargon and without the sales pitch. No fluff, no gated content, no invented statistics, just how it works.

SAFEs

How a SAFE Note Actually Converts Into Equity

What triggers conversion, how caps and discounts set the price, and what shows up on the cap table afterward.

Term Sheets

What Actually Matters in a Term Sheet Beyond Valuation

Liquidation preference, board control, protective provisions, and pro rata rights, the clauses that decide more than the price does.

Equity

How ESOP Vesting Works and What Happens If You Leave Early

Cliffs, vesting schedules, exercise windows, and what happens to unvested and vested options at departure.

Fundraising

SAFE vs Priced Round: What Changes for an Early-Stage Founder

Speed, cost, investor rights, and how dilution shows up differently between the two structures.

Investor Mechanics

What Investors Actually Look For in Due Diligence

Cap table cleanliness, legal exposure, IP assignment, and how founders can prepare before it starts.

Cap Tables

What a Down Round Does to Existing Shareholders and Options

Anti-dilution provisions, option repricing, and why a lower valuation is only the visible part of the damage.

SAFEs

Convertible Notes vs SAFEs: The Practical Differences

Debt versus a standalone instrument, interest accrual, maturity dates, and what changes at wind-down.

Fundraising

What Actually Needs to Be in a Startup Data Room

The full document checklist, and the single most common gap that slows diligence down.

Cap Tables

How Dilution Compounds Across Funding Rounds

Why dilution multiplies instead of adding up, and how option pools and SAFEs compound the effect.

Term Sheets

Liquidation Preference Explained

What "1x non-participating" really means, and why it matters most in the outcomes nobody plans for.

General educational content, not legal or financial advice. These guides explain how common startup financing mechanics work in general. They are not a substitute for advice from a qualified lawyer, chartered accountant, or financial advisor who can review your specific documents and jurisdiction.