Why a SAFE is good, or not
In late 2013, the startup incubator and accelerator Y Combinator introduced the simple agreement for future equity (SAFE) to unify the terms for startup financing and simplify the fundraising of their startups. A SAFE has no maturity date so it can never lead to a cash crunch for the startup. That makes it safer than…
Raising Funding via Convertible Notes
Entrepreneurs are not always aware of the different financing tools available to them when raising funding, nor the implications of the different forms of funding for their company. The three most common ways to get funding are the following: You can sell your shares You can get a loan Or you can use convertibles Due…
Fundraising 2: Your Financial Terms and Conditions
In our new ‘Raising Funding for Your Startup’ blog series, we’re taking you through six steps of raising funding. In the second blog from the series, we’re talking about selecting a legal form for your investment. If you want to raise funding, you have to give something in return. The three most common ways to…
