
Episode #5
Raising a Priced Round — Understanding the Terms Beyond the Price
In this episode of The Founder's Hour Lowenstein partners Laura Cicirelli and Eric Weiner discuss a company's first equity financing and what founders should understand before entering a priced preferred stock round. The conversation explores how priced rounds differ from SAFEs and convertible notes, including more robust documentation, longer timelines, investor diligence, economics, liquidation preferences, governance rights, major investor rights, founder re-vesting, transfer restrictions, and drag-along provisions. The episode also highlights why the first equity financing can set the foundation for future rounds and why founders should work with counsel to understand the balance of power they are creating with investors going forward. Speakers: Laura Cicirelli , Partner, Emerging Companies & Venture Capital Eric Weiner , Partner, Emerging Companies & Venture Capital




