Convertible Note vs. SAFE: What They Are and Which to Use
Convertible notes vs. SAFEs: how each works, key differences in terms and mechanics, and which instrument makes more sense for your early-stage startup funding.
Convertible notes vs. SAFEs: how each works, key differences in terms and mechanics, and which instrument makes more sense for your early-stage startup funding.
Convertible notes are debt instruments that convert to equity at your next priced round. Here's everything founders need to know about terms, mechanics, tax implications, and common mistakes.
SAFEs are the dominant instrument in pre-seed and seed financing, but "simple" doesn't mean uncomplicated. Learn how SAFEs actually work, what can go wrong, and what you need to know before you sign one.