October 9, 2018 - Financings

Save the Date for a MoFo Webinar: Updates to the Y Combinator SAFE Forms

Updates to the Y Combinator SAFE forms

Join Morrison & Foerster partner John Rafferty and associate Kate Tyler for a free webinar to discuss the recent changes to the Y Combinator forms of Simple Agreement for Future Equity (SAFE) and how those changes impact a startup’s fundraising efforts when using SAFEs.

Topics covered in this session will include:

  • How do the changes to the forms impact the way founders calculate the amount of equity in a company being sold to SAFE investors?
  • How do the changes to the forms impact dilution to founders and existing equity holders?
  • What do founders need to know to correctly model this on a pro forma capitalization table?
  • What do founders need to know about the changes to the SAFE pro rata rights provisions?

Founders and investors contemplating purchasing a SAFE from a startup will find this webinar most useful.

Registration details to follow.