Series AA Equity Financing Documents. Safe Financing Documents The safe (simple agreement for future equity) is intended to replace convertible notes in most cases, and we think it addresses many of the problems with convertible notes while preserving their flexibility. In addition to being simpler and clearer, we intend the safe to remain fair to both investors and founders.During its development the safe was positively reviewed by many of the top startup investors. We believe it’s a positive evolution of the convertible note and hope the startup community finds it an easier way to accomplish the same goals. Features of a safe: Unlike a convertible note, a safe is not a debt instrument. There are four versions of safe, corresponding to the four types of convertible note: While a safe may not be suitable for all situations, the terms are intended to be fairly neutral. Sales Agreement When Y Combinator startups make their first sales, we provide them with a sales template to make the legal part easy.
Jeremiah Owyang: Sneak Preview: Checking ou... Has the tech industry forgotten users? We are in an insider bubble. You know when I read David Heinemeier Hansson write that all he needs is 10 apps I believe we’ve all lost our minds. Then I look at Techmeme and see all the insider baseball and nothing about real users and I realize we have indeed lost our minds. See, people keep talking about a bubble.
What they usually mean is “oh, my gosh Color got $41 million and LinkedIn stock is nuts.” Wrong bubble to worry about, though. The real bubble is we’ve stopped understanding users. See, this is why I took the family out of the valley on vacation. Not everyone is ignoring users, though. For instance, AppStoreHQ studied its users and found that apps do indeed matter. Turns out that if you STUDY THE DATA which DHH didn’t do, you learn that the long tail of apps is very important.
“Well, these users actually installed 20,100 distinct apps! To continue the trend, GigaOm reports that apps are used more than the Web. Nielsen says that DHH is wrong by 4x. See, I met a lot of average people at Disneyland. Politique : Karachi : Hortefeux devrait être cité en correctionnelle. Serving a space between @briansolis & Briansolis.com - A lite version of BrianSolis.com.