For rounds we lead, we like to use documents based largely on the standard Seedsummit terms that we helped coordinate with the help of many other investors in the ecosystem. Please take a look at our current standard pre-seed ASA (link below). We’re comfortable using either a convertible or equity structure and work with the founders we invest in to figure out what’s best at the time we invest. For larger rounds which we can’t lead, the terms of the round and legals are generally driven by the lead investor.
Links:
