Bp Funding

Proposed Terms

• Instrument: equity, convertible note, SAFE, revenue-based financing
• If equity: % offered, implied valuation, share class
• If debt: interest rate, term, conversion terms
• If SAFE: valuation cap, discount rate

Current Investors (if any)

Round Timeline

• When the round opens
• Target close date
• Minimum viable raise
• Maximum raise

Milestones Tied to Funding

Next Round Plan

• When: months after this round closes
• How much: estimated range
• Stage: what the company looks like at that point
• What triggers the next raise

Exit Strategy

Primary path

• IPO: timeline, target exchange, comparable IPOs
• M&A: potential acquirers, comparable acquisitions, strategic fit
• Founder buyback: timeline, financing approach

Expected returns

Collateral (if applicable)

What secures the investment: equipment, IP, contracts, real estate.

Writing rules

• Terms must be market-standard for the stage
• Use of funds must tie directly to the financial projections
• Milestones must be measurable and time-bound
• Exit strategy must reference real comparable transactions
• Be specific enough that a term sheet could be drafted from this