Term sheet to share certificate — the founder fundraising paper trail.
For Startup founders · 6 documents
Agree the headline economics and rights before lawyers draft.
Govern control, transfers and protective provisions among shareholders.
The investor's binding commitment to subscribe and pay.
Board approval to allot the new shares.
Issue certificates evidencing the new shareholding.
Grant options to early employees alongside the round.
A suggested order, not legal advice. Which documents you actually need depends on your situation — confirm anything important with a qualified advocate.