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Our safe docs are pretty good for this: https://www.ycombinator.com/documents/#safe https://www.ycombinator.com/documents/#safe.
by akharris 8y ago
Our safe docs are pretty good for this: https://www.ycombinator.com/documents/#safe https://www.ycombinator.com/documents/#safe.
- Lordarminius 8y agoThank you.
- tosh 8y agoiirc the SAFE doesn’t cover vesting, information rights and control rights (I guess this is because typically companies that YC invests in are set up with something like Stripe Atlas or similar?) In many European hubs the typical term sheets for seed financing are provided by Angels or seed stage VCs and typically aren’t as founder friendly as in the US. Having more information/a recommended seed term sheet from YCombinator that explicitly covers the above (or references Stripe Atlas) would help. Really appreciate all the documents and context that you are publishing. The impact is vast and goes way beyond the Valley and the immediate YC network.