You finally have investor interest. A couple of angels like the idea, one says “We usually do SAFEs,” another asks if you’re ...
Early-stage companies often rely on Simple Agreements for Future Equity (SAFEs) and convertible promissory notes to raise capital either prior to a company's first priced preferred equity round, or to ...
Foreign investment in the U.S. market, particularly in high-growth technology companies, often begins with the formation of a Delaware ...
Finally, it’s important to note that if there are no funds left in the startup’s account upon dissolution, convertible note holders, just like SAFE holders, will receive nothing. A side letter for ...
You’re a few months into building. You have early users, a half-working product, and one investor asking for your “valuation expectations.” You have no idea what to say. A friend tells you to “just ...
A SAFE — or Simple Agreement for Future Equity — is a financial instrument that was first introduced by Y Combinator in 2013. Since that time, SAFEs have become the most common instruments used in ...