What Is A Safe Note

Name: What Is A Safe Note
Uploaded: 2020-06-22T17:58:00+00:00
Duration: 4 min 40 s
Description: SAFE notes, or Simple Agreement for Future Equity, are a fundraising instrument introduced by Y-Combinator that offers founders more flexibility than convertible notes. They are not debt but a promise to convert an investor's money into equity in the future, and their simplicity (around five pages) allows founders to often forgo legal assistance.

SAFE notes, or Simple Agreement for Future Equity, are a fundraising instrument introduced by Y-Combinator that offers founders more flexibility than convertible notes. They are not debt but a promise to convert an investor's money into equity in the future, and their simplicity (around five pages) allows founders to often forgo legal assistance.

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