Why Do Pre-Seed Investors Ask for Side Letters?
I was recently asked by a founder to explain why early-stage VCs ask for side letters when investing using SAFEs. “Isn’t the point of a safe that it’s a standard agreement?”
I was recently asked by a founder to explain why early-stage VCs ask for side letters when investing using SAFEs. “Isn’t the point of a safe that it’s a standard agreement?”