- The Data Minute podcast: Have we reached a tipping point with SAFEs?
- Where to watch, share, and subscribe to The Data Minute
- Previous episodes
- Your check size dictates fund strategy (Charles Hudson, Precursor Ventures): August 19
- What should founders pay themselves? (Waseem Daher, Pilot): August 5
- The investor view on startup funding (Kate Shillo Beardsley, Hannah Grey Ventures): July 22
- Pre-seed edition: July 8
- All startup problems are people problems (Darcy Casarella, NEA): June 24
- For biotech companies, fundraising is a different kind of beast (Darren Cooke, Berkeley Life Sciences Entrepreneurship Center): June 10
- Raise amount vs. valuation cap: What the data tells us (Mendel Chuang, Acquired Wisdom Fund): May 27
- The state of startup compensation today: May 13
- What did the pandemic due to healthtech investing (Marissa Bertorelli, Polaris Partners): April 29
- How many checks should founders expect in their pre-seed round? (Dave Anderson, Beat Ventures): April 15
In this episode of The Data Minute, Peter Walker (Head of Insights at Carta) is joined by David Willbrand (Chief Legal Officer, Pacaso) for a wide-ranging conversation on fundraising with SAFEs, liquidation preferences, and the relationship between founders and lawyers.
What started as a discussion on the technical aspects of raising a SAFE, late-stage liquidation outcomes, and other fundraising topics turned into an examination of the founder/lawyer relationship with one of the world’s top experts on the subject. It’s a unique look at a partnership that you don’t want to miss.
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Chapters:
00:16 Intro
02:01 Are SAFEs properly understood?
07:41 What should founders know before a priced round?
13:30 Valuation caps and discounts
20:30 How much should liquidation preferences matter?
32:02 Exploring the value of counsel to founders
41:41 The shifting perception on founder secondaries
47:09 Outro
Where to watch, share, and subscribe to The Data Minute
Previous episodes
Your check size dictates fund strategy (Charles Hudson, Precursor Ventures): August 19
What should founders pay themselves? (Waseem Daher, Pilot): August 5
The investor view on startup funding (Kate Shillo Beardsley, Hannah Grey Ventures): July 22
Pre-seed edition: July 8
All startup problems are people problems (Darcy Casarella, NEA): June 24
For biotech companies, fundraising is a different kind of beast (Darren Cooke, Berkeley Life Sciences Entrepreneurship Center): June 10
Raise amount vs. valuation cap: What the data tells us (Mendel Chuang, Acquired Wisdom Fund): May 27
The state of startup compensation today: May 13
What did the pandemic due to healthtech investing (Marissa Bertorelli, Polaris Partners): April 29
How many checks should founders expect in their pre-seed round? (Dave Anderson, Beat Ventures): April 15
This presentation contains general information only and eShares, Inc. dba Carta, Inc. (“Carta”) is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services, and is for informational purposes only. This presentation is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. © 2024 eShares, Inc., dba Carta, Inc. All rights reserved.
