Real feedback from a VC to a founder

Real VC feedback on a founder’s startup

Tl;dr: Confidential feedback from a venture capital investor after a startup met her so you can learn how investors think about startups and the feedback they would give to friends privately. I had a call with a VC friend about a startup. Over an hour (We chatted shite too) she gave me her honest, unfiltered feedback about a startup I …

Differences between SAFE and convertible notes

Differences between SAFE and convertible notes

Tl;dr: Do you understand the difference between a SAFE and convertible note? If not, we are going to break down the key things you need to know so you won’t be taken advantage of. In short, SAFE is not as great as you think. Intro So you have read about convertible notes, and depending on where you live, SAFEs (They’re …

Post Money SAFE CAP Explained Line by Line

Post Money SAFE Cap Explained Line by Line

Tl;dr: SAFE cap version of the Y-combinator post-money SAFE financing document explained line by line explanation. If you are planning on raising an angel/seed round with a new post-money SAFE you need to know what is in the legal agreement. You aren’t a lawyer, so I’m going to explain the whole document in simple English. I’m going to cover each …

Post Money SAFE Cap and Discount Explained Line by Line

Post Money SAFE Cap and Discount Explained Line by Line

Tl;dr: SAFE cap and discount version of the Y-combinator post-money SAFE financing document explained line by line explanation. If you are planning on raising an angel/seed round with a new post-money SAFE you need to know what is in the legal agreement. You aren’t a lawyer, so I’m going to explain the whole document in simple English. I’m going to …