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.