
SAFE - Startup Lawyer
A SAFE (Simple Agreement for Future Equity) is the most common form of convertible equity used in startup investing and financing. It is produced or originated by Y Combinator. A SAFE tends to be …
SAFE Seed Financing Documents - Startup Lawyer
I wrote an article for LaunchDFW titled "SAFE and SOUND? A Primer on the new YC Docs". It's somewhat geared towards the Dallas Fort Worth startup scene, but I believe it's probably relevant for …
Convertible Equity - Startup Lawyer
Convertible equity is similar to a convertible note, but convertible equity is not debt. Like convertible debt, convertible equity usually has the terms of a price cap and a discount, but there’s no interest or …
Startup Law Glossary - Startup Lawyer
-S- SAFE SAFT Safe Harbor Sarbanes-Oxley Act of 2002 Scalability Scale Up S-Corporation Search Fund Second Bite of the Apple Secondary Buy-Out Secondary Market Secondary Sale Secured Debt …
SAFT - Startup Lawyer
It is patterned after the “SAFE” (a form of convertible equity)that was produced by Y Combinator. With the SAFT, the startup is promising the investor a certain amount of tokens in the future.
Venture Capital Bridge Extension Round Structures
Aug 31, 2024 · Less often, I see the convertible structure used whether it’s a SAFE or convertible note. Of course, many investors have used the last 6-18 months to do down rounds and other pay-to-play …
Seed Rounds - Startup Lawyer
Mar 11, 2015 · I wrote an article for LaunchDFW titled “SAFE and SOUND? A Primer on the new YC Docs“. It’s somewhat geared towards the Dallas Fort Worth startup scene, but I believe it’s probably …
Safe Harbor - Startup Lawyer
A Safe Harbor is a "guarantee" that no liability will stem from an action if certain precautions, steps and/or limitations are adhered to as prescribed by law (usually a statute).
Rule 506 - Startup Lawyer
Rule 506 is a “safe harbor” for the private offering exemption. If a company satisfies the conditions in Rule 506 then that company is deemed in compliance with the Section 4 (2) exemption of the …
Private Placement - Startup Lawyer
The most commonly used method to obtain a private placement exemption when conducting a private placement is Regulation D, which contains two exemptions in Rule 504 and Rule 505 and one safe …