SAFE vs Convertible Notes vs KISS

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Convertible notes are... great. But they are also a bit of a mess.
While investors in the US are very much accustomed to these fundraising vehicles, investors outside the US are not, and I don't blame them. It is a bit of a mess.
SAFEs take the premise of convertible notes and try to simplify the terms to make them easier to grasp for founders, investors, and future investors. People often forget about them; if your cap table is a mess today, with preferred shares and weird exceptions, those are terms that prospective investors will need to understand as well.
But to understand both convertible notes and SAFEs, you need to understand how startup equity works, so let's get to it.
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[@alvintoro]

The last time I raised capital was to make my first acquisition in Nintendo. An Ultra 64 imported from Japan. It was a 100% cash deal and the only investors were my mom and my dad. This video definitely got me caught up with the times though.

[@ISeeFurther]

Either I missed it or the KISS document was not mentioned at all in the video. Either way great video.

[@InfectedChris]

It's KISS. Most overrated band ever. Lol

[@zur137]

I really enjoy your videos and the informative content on building a startup. Do you have any tips for building a *hardware* startup?

[@Antlav96]

Hi love your video!! Is it any way to share this sheet?

[@meshalastic]

how can we get the excel sheet template to calculate shares and equity?

[@akhaled4990]

this channel is a gem

[@jackopiyo8902]

Hi Caya, Im in Africa, Kenya. We're a technology firm looking for funding. Guidance?

[@nickalicious44]

Where can I get access to the spreadsheet?

[@Just.J0n]

Do you have that Cap chart template? Seems better than most I find

[@HKGJOHN]

Great presentation thank you!!!

[@byronhill739]

Hi, thanks for tue video, would be interested to discuss requirements

[@MrDiop24]

link to the cap table sheet template ?

[@saikeerthikumarpoolla1917]

Love this background!! Awsm content as always!!!

[@Rafraf41]

Great video! I’ve been waiting for a slidebean video about this

[@cinndyc2823]

so is there a term called KISS?

[@gorangagrawal]

Suggestion - Excel sheet has lot of numbers and gets confusing. Can you please try to animate and keep the calculations simple like the Breaking Bad example?

[@unmiss-com]

Thank you for the useful and interesting informative content)

[@Taiwoabiri]

Very well explained ❤🙏🏿

[@Taiwoabiri]

Thank you so much.

[@alexleung842]

How about SAFTS for us web 3 folks?

[@eniola497]

Another oneeeee

[@munkasirchoudhury]

Nice

[@umarmuhammadzakari4585]

Convertible note

[@eliaspinheiro7589]

Caya drops the tone and the volume of his voice at the end of the sentences. 😄

[@tylerhackner9731]

👍

[@marcuswaldron4568]

Hey

[@marcdevries4470]

are you high?

[@SumitSharma-pe1js]

Surely looks like 😂