Early-stage companies often rely on Simple Agreements for Future Equity (SAFEs) and convertible promissory notes to raise capital either prior to a company's first priced preferred equity round, or to ...

For many early-stage startups, choosing between a convertible note and a SAFE (Simple Agreement for Future Equity) is one of the first critical legal and strategic financing decisions. While both ...

When startups seek early stage funding, they often turn to instruments like SAFE notes (Simple Agreements for Future Equity). SAFE notes are a form of convertible security representing an investment ...

Finally, it’s important to note that if there are no funds left in the startup’s account upon dissolution, convertible note holders, just like SAFE holders, will receive nothing. A side letter for ...