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Boilerplate legal templates for startups in Singapore
http://legal.cf.sg
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SAFE framework #29

Open ledmitri opened 10 years ago

ledmitri commented 10 years ago

Lovely new structure - removes complexity utterly, along with any semblance of the peace of mind for investors (which is not something investors should hope to have in case of very early stage investments, so this is much more logical and less costly than traditional convertible note).

https://mattermark.com/y-combinator-innovates-on-early-stage-startup-investing-once-again-introduces-safes/

http://www.scribd.com/doc/189977279/SAFE-Primer#download

bleongcw commented 10 years ago

It's an interesting structure. The devil is in the details on how SAFE as a legal structure for US startups is mapped to the legal jurisdiction in Singapore. I don't think that it's an obvious one to one mapping and requires legal work behind that.