Bloomberg Beta Investment Documents

Why have we published our investment documents?

We believe transparency is the most effective way to build trust. It permeates every aspect of how we operate, including how we think about our thesis, what we look for in a company, and how we make decisions. We see publishing templates for our investment documents as a natural extension of this transparency. We hope they will give you a better sense of how we structure deals, which terms we care about, and a true-to-life taste of what it's like working with us.

We highly recommend reading our detailed breakdown of these documents before diving in, which outlines how the terms in these documents came about, and why we think they help align the interest of entrepreneurs and investors.

As with all content we publish, this repository is a living document, so please feel free to suggest any changes via a pull request!

What documents are in this repo?

Series Seed

• Restated Certificate of Incorporation
• Stock Investment Agreement
• Term Sheet

Simple Agreement for Future Equity (SAFE)

• Side Letter

Convertible Note

• Convertible Note
• Note Purchase Agreement
• Term Sheet
• Side Letter (to accompany note documents that do not follow our template)