Law firm Fenwick & West announced on March 6 that version 3.0 of the Series Seed documents have been released on the open source forum GitHub. These standardized, open-source documents are intended to help entrepreneurs and startups simplify early-stage funding contracts. The Series Seed documents use traditional financing terms to provide a standard set of rights, privileges and preferences with "fill in the blank" variables.
Version 3.0 uses GitHub as the primary platform for managing discussions and updates to the Series Seed documents. GitHub is used primarily by engineers to post software projects; Fenwick and West hopes that releasing Series Seed on this site will encourage and facilitate continued collaboration on the documents.
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