Y Combinator introduced the safe (simple agreement for future equity) in late 2013, and since then, it has been used by almost all YC startups and countless non-YC startups as the main …

It can't say that it's the same as the SAFE that's on the Y Combinator website, and so you'll know as a founder that you should be looking at it more closely to see what's been changed. So, this …

In this User Guide, the new version of the safe is referred to as the “new safe,” “post-money safe,” “Standard Safe” or simply “safe.” The original version of the safe replaced by the new safe is …

2013年12月6日 · Paul Graham YC partner (and lawyer) Carolynn Levy has created a new alternative to convertible notes, called a safe, that has the advantages of convertible debt …

YC’s MFN Safe will automatically convert in the priced round on the terms of the lowest cap Safe (or other most favorable terms, such as a discount) issued between the specific MFN start …

Announcing the Safe, a Replacement for Convertible Notes. safe YC News. Y Combinator

Safe. Convertible debt has been almost completely replaced by the safe at YC and Imagine K12. A safe acts like convertible debt without the interest rate, maturity, and repayment …

Following the format of the original safe primer, this User Guide describes why, when and how to use the post-money safe. The information below applies specifically to a safe with a Post …

2013年12月9日 · "the preferred stock that a SAFE holder is issued will have a liquidation preference that is equal to the original SAFE investment amount, rather than based on the …

A Standard and Clean Series A Term Sheet. While working with companies in YC’s Series A program we’ve noticed a common problem: founders don’t know what “good” looks like in a …