Editorial guide

Sources first

• Securities law and regulation. Thresholds and rules come from the primary text: the Code of Federal Regulations, SEC releases and the statutes. Figures that change, such as offering limits, carry the year they apply to.
• Vendor facts. Prices, trials, certifications and features come from vendor sites and documentation, recorded in our research file with the date checked.
• Market practice. Statements such as “an 8% preferred return is common” are worded as ranges and practice, never as rules, and never with invented statistics.

Plain words

We write for people at work: founders, CFOs, GPs, sponsors and their advisers. Short sentences, concrete numbers, no hype. Every page answers its question near the top, then explains.

How we write about vendors

• Strengths and gaps are stated as facts from the research file: listed or not listed, published price or quote only.
• We do not claim tests we did not run. Where a hands-on check helps, it appears as a checklist for your own trial.
• Review platform ratings and user counts are not used.

Corrections

If a page is wrong, tell us. We fix factual errors quickly and change the updated date on the page. Vendors can send corrections to their facts with a public source.

Independence

Commissions never decide what a page says about a product. The affiliate relationships page explains the commercial side.

Not advice

Pages explain how raises and data rooms usually work. They are not legal, tax or investment advice for your raise.