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When The Music Stops: SAFEs & Convertible Notes Give VCs Massive Price Protection

15 Mar 2020

It’s easier, faster & cheaper to close funding using Convertible Notes & SAFEs (as compared to a “priced round” in which your startup or growth company issues preferred stock) but SAFEs & Notes also entitle VCs to very heavy duty “Price Protection.” Founders may regret not having priced the round.

Read the full article here.
This content was originally published by Forbes Magazine. Original publishers retain all rights. It appears here for a limited time before automated archiving. By Forbes Magazine

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