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 ...
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 ...
In the world of early stage investing, there exists a range of structures from the most founder friendly to the most investor friendly. The most investor-friendly structure involves some type of a ...