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Y Combinator released the Simple Agreement for Future Equity ("SAFE") investment instrument as an alternative to convertible debt in late 2013. [4] It was written by Carolynn Levy. This investment vehicle has since become popular in the U.S., Canada, [5] and Israel, due to its simplicity and low transaction costs.
SentrySafe’s document safe is essentially a waterproof, fireproof file cabinet. It accommodates up to 40 hanging files, making documents easy to access and store. There is also an in-lid ...
Y Combinator interviews and selects two batches of companies per year. The companies receive a total of $500,000 in seed money as well as advice and connections. The $500,000 in funding is made up of $125,000 on a post-money SAFE in return for 7% equity and $375,000 on an uncapped SAFE with a "most favored nation" ("MFN") provision (i.e.: "we get the same best terms you give anyone else in the ...
He is a partner at Y Combinator in San Francisco, where he invests in and helps startups. [1] Previously, Jared was the co-founder and CTO at Scribd , a digital library and document-sharing platform, which has 80 million users.
Y Combinator started doing so in Summer 2022, though its demo days have still been remote. (YC says its next Demo Day will be partially in-person at Pier 70, though presentations will still be online)
This page was last edited on 23 January 2024, at 04:17 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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