Do You Want to Buy a Piece of My Company?

The safe only converts in the event that you raise a price round, your company gets sold, or you go public. It is exceedingly rare for com to be able to take a tiny amount of money that it raises from its safeholders and then go on and never need to nothing couldn't happen. With promissory notes, at least it was debt, it could be repaid. That's not true with the safe. But again, it isi, it's a gamble.