Austin Russell (Luminar) - Behind the Scenes of a Mega-Unicorn
Entrepreneurial Thought Leaders (ETL)
Y Combinator - Safe Notes
Y Combinator raised $200 million on safe notes, which I think I've never heard of. The reason for these notes instead of operating off of traditional equity financing where people give you a certain amount of money for a certain percentage of the company was basically you would be able to in exchange for either getting a higher valuation cap or getting a discount off of a future round. And from a discounting perspective even if you basically are saying X investor I guarantee you will get a 30% return by giving you a 30%.
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