3 ms·
Of course it’s not necessary. Did you/advisor read the SAFE? Now it’s time to decide if your “advisor” (investor?) is bringing enough to the table to comply wit
by rajacombinator 8y ago
Of course it’s not necessary. Did you/advisor read the SAFE? Now it’s time to decide if your “advisor” (investor?) is bringing enough to the table to comply with his amateurish requests and handholding.
- jmanooch 8y agoI've read the SAFE and don't think it makes sense, since the SAFE is clearly its own term sheet. But the advisor I think IS being lazy by not reading it, and just wants a summary for investors. He is very senior and not amateurish, I think the issue is he does not like SAFEs (says they are not SEC-tested) and thus I think won't read them, and thinks any deal of any sort without a summary term sheet is not 'serious'. Thanks.
- jmanooch 8y ago[I mean the advisor's comments don't make sense, the SAFE makes good sense.]