# STARTUP FUNDRAISING 101 | SECTION 2

## Early-stage deal mechanics

Startup fundraising is so much more than putting money in your bank account. Get to know the contracts you’ll encounter in pre-seed funding—SAFEs and convertible notes. We’ll also cover the importance of valuation caps and dilution.

Start section 2 now, or [explore more sections below](https://fund-forecasting@carta.com/learn/startup-fundraising-101/2#continue).

SF101_L07 - When and How Much to Raise - DELIVERY

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Lesson 1: When and how much to raise

Lesson 2: SAFESs, discounts, and valuation caps

Lesson 3: How dilution works

Lesson 4: Pre-money and post-money valuations

Lesson 5: Convertible notes

## Continue learning

4 sections • 17 videos • 2h 10m total length

### Section 1: Fundraising basics
Discover different types of pre-seed funding and the importance of product-market fit.

|     |     |
| --- | --- |
| [Course overview](https://fund-forecasting@carta.com/learn/startup-fundraising-101/1/?slide=1) | 6:04 |
| [Lesson 1: Bootstrapping and friends and family](https://fund-forecasting@carta.com/learn/startup-fundraising-101/1/?slide=2) | 9:52 |
| [Lesson 2: Finding product-market fit](https://fund-forecasting@carta.com/learn/startup-fundraising-101/1/?slide=3) | 3:43 |
| [Lesson 3: Angel investors](https://fund-forecasting@carta.com/learn/startup-fundraising-101/1/?slide=4) | 6:32 |
| [Lesson 4: Accelerators](https://fund-forecasting@carta.com/learn/startup-fundraising-101/1/?slide=5) | 5:13 |
| [Lesson 5: Seed funding](https://fund-forecasting@carta.com/learn/startup-fundraising-101/1/?slide=6) | 3:49 |

### Section 2: Early-stage deal mechanics Now playing
Ramp up your startup fundraising by getting to know SAFEs, convertible notes, valuation caps, and dilution.

|     |     |
| --- | --- |
| [Lesson 1: When and how much to raise](https://fund-forecasting@carta.com/learn/startup-fundraising-101/2/?slide=1) | 11:54 |
| [Lesson 2: SAFESs, discounts, and valuation caps](https://fund-forecasting@carta.com/learn/startup-fundraising-101/2/?slide=2) | 11:38 |
| [Lesson 3: How dilution works](https://fund-forecasting@carta.com/learn/startup-fundraising-101/2/?slide=3) | 2:47 |
| [Lesson 4: Pre-money and post-money valuations](https://fund-forecasting@carta.com/learn/startup-fundraising-101/2/?slide=4) | 12:56 |
| [Lesson 5: Convertible notes](https://fund-forecasting@carta.com/learn/startup-fundraising-101/2/?slide=5) | 3:48 |

### Section 3: The pitch deck and funnel process
Understand the pitching process and build an efficient fundraising funnel—step-by-step.

|     |     |
| --- | --- |
| [Lesson 1: The pitch deck (part 1)](https://fund-forecasting@carta.com/learn/startup-fundraising-101/3/?slide=1) | 6:16 |
| [Lesson 2: The pitch deck (part 2)](https://fund-forecasting@carta.com/learn/startup-fundraising-101/3/?slide=2) | 4:16 |
| [Lesson 3: The pitch deck (part 3)](https://fund-forecasting@carta.com/learn/startup-fundraising-101/3/?slide=3) | 4:11 |
| [Lesson 4: The fundraising process: Meetings, pitches, and follow-ups](https://fund-forecasting@carta.com/learn/startup-fundraising-101/3/?slide=4) | 13:44 |

### Section 4: The Series A
Prepare yourself for this new level of startup fundraising as we go over converting SAFEs, term sheets, and more.

|     |     |
| --- | --- |
| [Lesson 1: Bringing on VCs, and converting SAFEs](https://fund-forecasting@carta.com/learn/startup-fundraising-101/4/?slide=1) | 11:55 |
| [Lesson 2: Term sheets, dilution, and pro formas](https://fund-forecasting@carta.com/learn/startup-fundraising-101/4/?slide=2) | 9:55 |

## Ready to start fundraising?

Get tools and services for an easier and more cost-effective fundraise.

[Learn more](https://fund-forecasting@carta.com/solutions/fundraising/?ir=sf101-feature)

## Start fundraising on Carta

Save time and money during your fundraise by leveraging the best and most comprehensive set of tools and services.

[Request a demo](https://fund-forecasting@carta.com/demo/fundraising/?ir=sf101-end1)
