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SAFE: Simple Agreement for Future Equity TL;DR: A really simple funding contract. Developed at YC, often used by YC companies. Investor gives money now and, i
by rrr_oh_man 3y ago
SAFE: Simple Agreement for Future Equity
TL;DR: A really simple funding contract.
Developed at YC, often used by YC companies. Investor gives money now and, in the future, gets a discount on the company's shares or pays a lower price when the startup does well.
https://www.youtube.com/watch?v=zBUhQPPS9AY&t=15m35s https://www.youtube.com/watch?v=zBUhQPPS9AY&t=15m35s