SAFEs on the East CoastPrint PDF
This article by Nutter partners Adam Ghander and Jeremy Halpern of the Emerging Companies Group was originally published in VentureFizz. It provides an overview of Simple Agreements for Future Equity or “SAFEs” and discusses the advantages, challenges and innovations of this financing mechanism. SAFEs were developed on the West Coast and have been growing in popularity in the Northeast in lieu of traditional convertible notes. SAFEs have been used to shorten transaction timing, reduce the costs of offerings, and get companies back to execution rather than financing.
For a pdf of the article, click here.