By: admin On: October 08, 2021 In: Uncategorized Comments: 0

Contracts requiring physical settlement or net settlement of shares … “SAFS was first developed in Silicon Valley to allow venture capitalists to quickly invest in a hot startup, without weighing on the startup with the more intense negotiations that normally result from a stock offering. For some venture capitalists, the value of getting a chance for a possible future equity stake exceeds the value of protecting a relatively small investment in a SAFE. SAFE conditions, from trigger events to conversion conditions, are typically designed to work in the context of a fast-growing startup that requires and likely attracts future capital from demanding venture capitalists. “Section 385(b) of the U.S. .

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