Operator definitions
Concepts
Thin pages for terms venture-backed founders hit this week. Short Founder Ratio definitions — then out to FounderNexus Startup Bible playbooks when you need the full doctrine. We do not republish Bible bodies here.
SAFE
For venture-backed founders: Simple Agreement for Future Equity — speed with real dilution math.
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Liquidation preference
For venture-backed founders: who gets paid first on exit — and what '1x non-participating' actually means.
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Founder-led sales
For venture-backed founders: you run discovery and close until the motion is repeatable.
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Pilot vs paid contract
For venture-backed founders: free pilots teach; paid contracts prove. Know which you are running.
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Runway
For venture-backed founders: months of cash left — and what attention should protect first.
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Term sheet red flags
For venture-backed founders: clauses that look standard and quietly reprice control or upside.
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