<story><title>SAFEs are not bad for entrepreneurs</title><url>https://blog.ycombinator.com/safes-are-not-bad-for-entrepreneurs/</url></story><parent_chain></parent_chain><comment><author>anotherfounder</author><text>So, for founders raising let&amp;#x27;s say, a seed round (with a Series A 18 months down the line), is the recommendation still raise on SAFE (with some cap and&amp;#x2F;or discount), and then price it at A?&lt;p&gt;It would be useful for the founder community (especially outside YC network) to have examples of how different recent startups have done it - offered discount or cap or both, how they determined the cap, the experience at A, experience with SAFE when dealing with angels&amp;#x2F;micro VCs, etc.&lt;p&gt;Any founder willing to share that here?</text></comment>
<story><title>SAFEs are not bad for entrepreneurs</title><url>https://blog.ycombinator.com/safes-are-not-bad-for-entrepreneurs/</url></story><parent_chain></parent_chain><comment><author>djrogers</author><text>For everyone who had no idea what a safe is (beyond the big metal thing you put valuables in), I eventually found this with some digging:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.ycombinator.com&amp;#x2F;documents&amp;#x2F;#safe&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.ycombinator.com&amp;#x2F;documents&amp;#x2F;#safe&lt;/a&gt;</text></comment>