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I’ve have engaged Angels and VCs over the past 18 months and nurtured these relationship to where now we are presenting them with an opportunity to participate in our raise via a SAFE.

I’ve had a good response but was taken back by some VC’s stating “we CAN’T do SAFEs.”

What do we believe their positioning is against the SAFE and a suitable response?

Paul O'Brien Changed status to publish February 21, 2022

Really a wonderfully timed question while our cohort with Italy is covering fundraising today!  cc @frankcoppersmith  @christrinetti  @john-zozzaro  

Has that resistance been for pre-money SAFEs? I have seen some investors push for the post-money agreement due to the impact on dilution.