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Y Combinator Introduces Safe, Its Alternative To Convertible Notes

http://techcrunch.com/2013/12/06/yc-safe/

by hackhackhack • 13 years ago

12 2 13 years ago

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ccmoberg• 13 years ago

This is really interesting. My company is currently funded with convertible debt, and we have had to modify the conversion date at least three times thus far as we progressed through various twists and turns in our business model and funding structure. The SAFE mechanism would have likely alleviated a large and (unfortunately) recurring headache.

conexions• 13 years ago

Here are the Safe documents if anyone is interested. http://ycombinator.com/safe/

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