A safe is a Simple Agreement for Future Equity. An investor makes a cash investment in a company, but gets company stock at a later date, in connection with a specific event. A safe is not a debt instrument, but is intended to be an alternative to convertible notes that is beneficial for both companies and investors.
February 01, 2019
March 01, 2019
Open to Investors
Intermediary Fees: 6%
Estimated Attorney Fees: 6% - 0.14%
Campaign marketing expenses or related reimbursement: 4% - 3.7%
R&D: 8% - 0.93%
Equipment Purchases: 0% - 1.87%
General Working Capital: 76% - 87.3%
Wilson Hunter - Co-Founder & CEO
Serial entrepreneur & professional nerd. Top 20 all time international Magic Legacy player; Pro Tour competitor and top finisher, multiple Grand Prix & StarCityGames Invitational top finishes. Co-host of the Magic-themed podcast, The Brainstorm Show.
James Hsu - Co-Founder & CTO
Tech guru & gaming enthusiast. Author of a Magic memoir, Magic: The Addiction, and host of the Magic-themed podcast, Humans of Magic.
Held senior leadership roles at Yahoo, Amazon, and Microsoft.
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