Key Insights at a Glance SAFEs and convertible notes deliver capital fast, skipping valuation disputes and sidestepping the drag of priced rounds. That simplicity tempts founders, but it carries hidden costs. These terms reshape ownership, reallocate governance power, and trigger dilution shocks that surface in later rounds. This analysis distinguishes SAFEs from notes, exposes the […] The post Negotiating SAFEs and Convertible Notes with Long-Term Control in Mind first appeared on Traverse...
