For early-stage founders and investors attempting to structure investment in an early stage (pre-seed) company, the choice between a Simple Agreement for Future Equity (SAFE) and a Convertible Note ...

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 ...

A SAFE — or Simple Agreement for Future Equity — is a financial instrument that was first introduced by Y Combinator in 2013. Since that time, SAFEs have become the most common instruments used in ...