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Modern Startup Financing by Carolynn Levy

Startup School by Y Combinator

CHAPTER

What's the Key Terms of the Safe?

If someone wants you to do a priced round, and it makes sense for your company, valuation wise, delution wise, money raising wise, do it. Otherwise, it does not matter how much you're raising on convertible securities. The e terms of the safea should begotio. This is all in that other lecture. But, but, because you ask he wanted to know what the key terms of the safe are. That's it. And like i said, no lawyers, cause what do you need them for?

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