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by jmanooch
2803 days ago
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I've read the SAFE and don't think it makes sense, since the SAFE is clearly its own term sheet. But the advisor I think IS being lazy by not reading it, and just wants a summary for investors. He is very senior and not amateurish, I think the issue is he does not like SAFEs (says they are not SEC-tested) and thus I think won't read them, and thinks any deal of any sort without a summary term sheet is not 'serious'. Thanks. |
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