VC bad incentives can be insanely improved by not using SAFE

Founder future-proof control should always be priority.

Reply to this note

Please Login to reply.

Discussion

Context for #plebs:

Bootstrap is the way

Common-non-voting fixes some of that

Are want to give common to investors?

Separate class.

I don't think it works.

The only way for founders to retain control is to make so much money they can buy their investors out.

What does a SAFE introduce that screws the founder over?

SAFE 🤝 Y-Combinator

In VC world, Founders are the new Labour.