Definition
SAFE (Simple Agreement for Future Equity)
Simple Agreement for Future Equity — a popular early-stage instrument that converts to shares in a later priced round.
From the episode “$1.6 Billion of Equity On-Chain. Here Is Why.”How founders on the podcast use it
An early-stage investment agreement providing future equity.
Stop Building, Do This FirstA founder-friendly investment instrument in which an investor provides capital now in exchange for the right to receive equity at a future priced round. No interest rate, no maturity date, no board seat. Commonly used at pre-seed for amounts under $500K. Think Up uses SAFEs for investments up to $100K in qualifying founders.
Stop Building. Do This First.Hear it on the podcast2 episodes
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