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Question
The SAFE has two fundamental features that are critically important for startups:
Answer

The SAFE has two fundamental features that are critically important for startups:

1) the people who move first are rewarded which avoids deadlocks where investors each are waiting for someone else to take the lead and commit/invest first

2) since you only have to negotiate the valuation cap, it saves everyone legal fees


Question
The SAFE has two fundamental features that are critically important for startups:
Answer
?

Question
The SAFE has two fundamental features that are critically important for startups:
Answer

The SAFE has two fundamental features that are critically important for startups:

1) the people who move first are rewarded which avoids deadlocks where investors each are waiting for someone else to take the lead and commit/invest first

2) since you only have to negotiate the valuation cap, it saves everyone legal fees

If you want to change selection, open document below and click on "Move attachment"

YC Safe Financing Documents | Y Combinator
itically important for founders to understand how much dilution is caused by each safe they sell, just as it is fair for investors to know how much ownership of the company they have purchased. <span>The safe has two fundamental features that are critically important for startups: It allows for high resolution fundraising. Startups can close with an investor as soon as both parties are ready to sign and the investor is ready to wire money, instead of trying to co

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