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https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_safes https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_sa... "A SAFE (“Simple Agreement for
by kgwgk 6y ago
https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_safes https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_sa...
"A SAFE (“Simple Agreement for Future Equity”) is very different from traditional common stock and it is important to understand these differences in order to make an informed investment decision that is right for you.
"A SAFE is an agreement between you, the investor, and the company in which the company generally promises to give you a future equity stake in the company if certain trigger events occur. Not all SAFEs are the same and the very important terms governing when you may get the future equity may vary across the SAFEs being offered in different crowdfunding offerings. Despite its name, a SAFE may not be “simple” or “safe.”