Updates on Regulation, Trading, and Market Reforms for the Alternative Investment Community

CategoryVenture Capital

SAFEs 2.0: YCombinator Updates the Form

In late 2013, seed accelerator YCombinator introduced the SAFE (simple agreement for future equity) – a convertible instrument designed to make seed stage investing quicker and less expensive. The SAFEs quickly became a popular structure for seed investing.  Early this fall, YCombinator introduced several changes to the SAFE, most significant among them is a change in the basis for conversion...

Updates on Regulation, Trading, and Market Reforms for the Alternative Investment Community