Simple Agreements for Future Equity, known as “SAFEs,” are a popular financing tool for seed and early-stage companies. Developed by the well-known startup accelerator Y Combinator in 2013, SAFEs have become a standard financing tool for startups.
SAFEs have some similarities to convertible notes, but are very different. We discussed convertible notes in the post “Convertible Notes: An Overview.” I recommend reading that post before continuing reading this post.
Let’s dive in.
SAFEs have some similarities to convertible notes, but are very different. We discussed convertible notes in the post “Convertible Notes: An Overview.” I recommend reading that post before continuing reading this post.
Let’s dive in.
