How to raise late seed or round a (part 5)

This document provides guidance on raising a late seed or Series A round of funding. It discusses conducting due diligence, managing liability, understanding costs, preparing documents, using in-house due diligence tools, targeting the right investors, correcting the capitalization table, building a strong team, granting stock options, incorporating the company legally, and addressing legal matters both internally and externally such as sales, marketing, customers, lifetime value, and financial metrics. The document also covers topics like correcting term sheets, cancelling term sheets, and structuring the funding deal.