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SAFE Rejected

248 viewsFundingStartupsentrepreneurship Fundraising SAFE startups venture capital
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1 Comment

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
Paul O'Brien commented

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

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.

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