In the last decade, founders commonly used convertible notes to raise their initial startup capital. It was easy to execute and frequently recommended. In the last few years though, the market has started to shift to a new fundraising method and Carta’s data shows that convertible notes are no longer dominating the convertible securities market. The initial fundraising vehicle that has reached parity with convertible notes is called a SAFE(Simple Agreement for Future Equity).
In this upcoming webinar, we have a panel of founders and lawyers that will discuss SAFEs in detail, best practices to know, and personal stories (the good, the bad, and the ugly) of their experience raising with SAFEs.