Seed Preferred

Seed Preferred is a class of preferred stock issued in a seed-stage priced equity financing, typically with simpler terms than later preferred series but still including key rights like liquidation preference and protective provisions. In early priced rounds, Seed Preferred can be used instead of (or after) SAFEs/notes, and Seed Preferred documentation often follows streamlined templates such as Series Seed.

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Ryan Roberts Startup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.