SAFE Notes are legal documents used to facilitate the sale of convertible debt instruments for startups and early-stage companies to raise capital.
This legal template likely addresses the terms and conditions of a side letter agreement between a seed-stage startup and an investor, specifically related to a financial instrument called a SAFE (Simple Agreement for Future Equity). It would outline the specifics of the investment, such as the funding amount, valuation cap, and other relevant terms.
This legal template is designed to create a Simple Agreement for Future Equity (SAFE) for seed-stage startup companies. It outlines the terms and conditions for investors to provide funding in exchange for a future equity stake in the company.
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