> For the complete documentation index, see [llms.txt](https://startup.shibin.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://startup.shibin.co/library/capital.md).

# Capital

## Investors

* [Why Investor Updates Are So Important and How to Nail Them](https://www.inc.com/sean-wise/to-keep-your-investors-happy-master-art-of-investor-update.html)
* [How To Write Investor Updates](https://dcgross.com/investor-updates/)
* [The 5 Worst Things You Could Say to a Venture Capitalist](https://fortune.com/2017/04/06/venture-capitalist-entrepreneurs-startups-investment/)
* [A four step guide to evaluating startup and new venture ideas](https://neemz.medium.com/evaluating-startups-and-venture-ideas-1dc419fe4d3a)
* [Now is the best time to be an angel investor (let me show you how)](https://calacanis.com/2020/03/27/now-is-the-best-time-to-be-an-angel-investor-let-me-show-you-how/)
* [Three Core Principles of Venture Capital Portfolio Strategy](https://www.toptal.com/finance/venture-capital-consultants/venture-capital-portfolio-strategy)
* [3 Types of Investors You Should Avoid.](https://medium.com/swlh/3-types-of-investors-you-should-avoid-ea8f885753d7)

## Raising Money

* [The NFX Fundraising Checklist - Timing your raise](https://www.dropbox.com/s/k13sii0s4wk3p40/The%20NFX%20Fundraising%20Checklist__%20Timing%20Your%20Raise.pdf?dl=0\&utm_campaign=Content%20Upgrades\&utm_medium=email&_hsmi=97286679&_hsenc=p2ANqtz-_clfxruKYQc3yS0_vZKMNvGiCpYGLglc6BzVAEXNDxud1Sy966u4RyJ2MIK1mZUECiuw6d5pDMqhCmYfWeU7eGFPdDGbRJ2QfBVQ-jJPub8yNTAtc\&utm_content=97286679\&utm_source=hs_automation)
* [9 Personal and Painful Reasons why Founders do not get the investment](https://www.startuphacks.vc/blog/2019/07/16/9-personal-and-painful-reasons-why-founders-do-not-get-the-investment)
* [Perfecting Your One Sentence Pitch](https://fi.co/madlibs)
* [But I don't know any VCs!](https://pmarchive.com/guide_to_startups_part3.html)
* [Building an Investor Pipeline Spreadsheet: Keep Your Funding Flowing!](https://www.techstars.com/the-line/advice/building-an-investor-pipeline-spreadsheet-keep-your-funding-flowing)
* [How to raise money](http://paulgraham.com/fr.html)
* [The Non-Obvious Guide to Fundraising](https://www.nfx.com/post/the-non-obvious-guide-to-fundraising/?utm_medium=email&_hsmi=107202290&_hsenc=p2ANqtz--iTGjJLy3jrJFyetclV_Ywlyob3MMMQjnkXGQTwt2M_KltvAn910BRZlad3Sh0yRatfu8LRaS3bHd2ugMN3OZKpm25RUgJCXxywRlplwB8B6H58G8\&utm_content=107202290\&utm_source=hs_email)
* [Questions VCs Will Ask You](https://medium.com/swlh/questions-vcs-will-ask-you-bd871ab62ffa)
* [Pitch Deck Pointers Series](https://innovationbay.medium.com/pitch-deck-pointers-part-1-introduction-ffb9adc58a6c)
* [Pitch Deck Template](https://innovationbay.com/wp-content/uploads/2021/02/IB-Pitch-Deck-Template.pdf)
* [The 6 Most Powerful Pitch Deck Frameworks to Rock Your Investor Presentation](https://medium.com/swlh/the-6-most-powerful-pitch-deck-frameworks-to-rock-your-investor-presentation-602e805bb394)
* [12 Storytelling Techniques to Supercharge Your Pitch](https://medium.dave-bailey.com/12-storytelling-techniques-to-supercharge-your-pitch-ddc14f34b17a)
* [How Fast Must a SaaS Startup Grow to Raise a Series A?](https://tomtunguz.com/mrr-growth/)
* [How much funding is too little? Too much?](https://pmarchive.com/guide_to_startups_part6.html)
* [The equity equation](http://paulgraham.com/equity.html)
* [How much dilution makes sense for a founder](https://medium.com/theventurecity/how-much-dilution-makes-sense-for-a-founder-31f0fe4985ca)
* [Why Most VC’s Don’t Sign NDAs](https://feld.com/archives/2006/02/why-most-vcs-dont-sign-ndas.html)
* [When the VCs say "no"](https://pmarchive.com/guide_to_startups_part2.html)
* [What to do when your fundraising is not going well](https://www.startuphacks.vc/blog/2016/05/25/what-to-do-when-your-fundraising-is-not-going-well)
* [7 Tips for Founders When Negotiating Term Sheets with VCs](https://www.startuphacks.vc/blog/7-tips-for-founders-when-negotiating-term-sheets-with-vcs)
* [Every Investor is Different. But Here Are 22 Reasons I Generally Say “No”](https://www.saastr.com/22-reasons-i-wont-fund-you/)
* [The Metrics You Need To Raise A Series A](https://blog.initialized.com/2021/06/the-metrics-you-need-to-raise-a-series-a/)

## Term Sheets

* [Term Sheet Series Wrap Up](https://feld.com/archives/2005/08/term-sheet-series-wrap-up.html)
* [The Ultimate Term Sheet Guide – all terms and clauses explained](https://blog.salesflare.com/term-sheet-guide)
* [Demystifying investment Terms (3 parts)](https://www.squarepegcap.com/blog/demystifying-terms-part-1)
* [A Standard and Clean Series a Term Sheet](https://www.ycombinator.com/library/4P-a-standard-and-clean-series-a-term-sheet)
* [Term sheet and closing](https://www.ycombinator.com/library/1x-term-sheet-and-closing)

## Negotiation

* [You have acquisition interest – now what?](http://davidcohen.wpengine.com/2010/06/18/you-have-acquisition-interest-now-what/)
* [How VCs Negotiate: 8 Skills Top Founders Master for Startup Fundraising](https://www.nfx.com/post/8-top-skills-founders-startup-fundraising/?utm_source=sg_email\&utm_medium=email\&utm_content=top-10-essays)
* [Founders, do not worry about the price, worry about having leverage](https://www.startuphacks.vc/blog/2019/07/11/founders-do-not-worry-about-the-price-worry-about-having-leverage)
* [How to actually commit investors to invest in your round](https://www.startuphacks.vc/blog/2016/02/05/how-to-actually-commit-investors-to-invest-in-your-round)
* [7 Tips for Founders When Negotiating Term Sheets with VCs](https://www.startuphacks.vc/blog/7-tips-for-founders-when-negotiating-term-sheets-with-vcs)

## Exits

* [Preparing Yourself For an Exit](https://www.techstars.com/the-line/advice/preparing-yourself-for-an-exit)
* [You have acquisition interest – now what?](http://davidcohen.wpengine.com/2010/06/18/you-have-acquisition-interest-now-what/)
* [The growth needed for a SaaS exit](https://blossomstreetventures.medium.com/the-growth-needed-for-a-saas-exit-17c7dfe51bd6)
* [Roadmap to a SaaS IPO: how to unicorn your way to $100M revenue](https://www.stephnass.com/blog/saas-ipo-roadmap)
* [Top Tips for Technical Due Diligence Process](https://www.whitesourcesoftware.com/resources/blog/technical-due-diligence/)
* [Founders Guide to the Secondary Stock Sale](https://www.startuphacks.vc/blog/founders-guide-to-secondary-stock-sale)

## Legal agreements

* [Model Legal Documents](https://nvca.org/model-legal-documents/)
* [A Standard and Clean Series a Term Sheet](https://www.ycombinator.com/library/4P-a-standard-and-clean-series-a-term-sheet)
* [SAFE Financing Documents](https://www.ycombinator.com/documents/)
* [Open Source Seed Financing Legal Documents](https://www.avcal.com.au/AIC/Investment/Guidelines___Templates/AIC/Investment/Guidelines-Templates.aspx)
* [A No B.S. Guide to Startup Stock Option Grants](https://medium.com/swlh/a-no-b-s-guide-to-startup-stock-option-grants-526a8bc33c2b)
* [Startup Forms: Equity Compensation](https://www.orrick.com/en/Total-Access/Tool-Kit/Start-Up-Forms/Equity-Compensation)


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://startup.shibin.co/library/capital.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
