SAFE (Simple Agreement for Future Equity)

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:financial_services_company
startup financing agreement
gptkbp:alternativeTo convertible debt
gptkbp:category venture capital
startup funding
gptkbp:conversionEvent future equity financing
gptkbp:createdBy gptkb:Y_Combinator
gptkbp:documentType Smart Contract
gptkbp:feature discount rate
converts to equity
no interest rate
no maturity date
pro-rata rights
valuation cap
gptkbp:governedBy gptkb:United_States
https://www.w3.org/2000/01/rdf-schema#label SAFE (Simple Agreement for Future Equity)
gptkbp:introducedIn 2013
gptkbp:purpose raise capital for startups
gptkbp:replacedBy convertible note
gptkbp:usedBy investors
startups
gptkbp:bfsParent gptkb:Safe
gptkbp:bfsLayer 6