SAFE Notes Explained: "Unsafe" for Startups?
In this tutorial, you'll learn about "SAFE Notes" for investing in startups, how they compare to traditional priced equity rounds, and whether they're actually "unsafe" for startups.
Files & Resources:
https://breakingintowallstreet.com/kb...
Table of Contents:
0:00 Introduction
1:54 Part 1: SAFE Notes in a Seed Round
3:26 Part 2: Conversions in the Series A (Caps and Discounts)
8:54 Part 3: How an Options Pool Makes It Even Worse
10:32 Part 4: Are SAFE Notes Worth It?
12:39 Recap and Summary