Angel school 0,0
Both SAFEs (Simple Agreements for Future Equity) and Convertible Notes are tools used by startups to raise early-stage funding without setting a valuation upfront. A SAFE is simpler and doesn't accrue interest or have a maturity date, making it founder-friendly. A Convertible Note is a debt instrument that converts into equity later, often with interest and a maturity deadline. SAFEs are more popular in pre-seed rounds, while Convertible Notes offer more investor protection.
