{"title":"A SAFE Agreement as an Alternative to a Convertible Loan Agreement: Experience of Foreign Countries","authors":"S. Alekseeva","doi":"10.18572/1813-1204-2023-2-57-60","DOIUrl":null,"url":null,"abstract":"In 2013, the leading American accelerator Y Combinator introduced the new financing instrument modified to standardize and simplify investments in startups in seed financing rounds. The target of the instrument is based on its name SAFE — Simple Agreement for Future Equity. Nowadays SAFE has conquered the world of venture investments not only in the United States of America but in many jurisdictions such as in Austria, Germany, Italy, Norway, Sweden, and the United Kingdom. It has been amended and become a foundation for the large number of modified alternatives.","PeriodicalId":214894,"journal":{"name":"Notary","volume":"48 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Notary","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.18572/1813-1204-2023-2-57-60","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
In 2013, the leading American accelerator Y Combinator introduced the new financing instrument modified to standardize and simplify investments in startups in seed financing rounds. The target of the instrument is based on its name SAFE — Simple Agreement for Future Equity. Nowadays SAFE has conquered the world of venture investments not only in the United States of America but in many jurisdictions such as in Austria, Germany, Italy, Norway, Sweden, and the United Kingdom. It has been amended and become a foundation for the large number of modified alternatives.