How to Draft a Delaware SAFE Agreement That Protects Founder Control While Staying Investor-Friendly
A Delaware SAFE can preserve founder voting control in 3 core ways: the right conversion trigger, a founder-friendly valuation/cap structure, and Delaware-correct corporate approvals. Delaware founders and investors often use Y Combinator-style SAFEs, but small drafting choices can shift control at conversion. This article explains how to draft and negotiate Delaware SAFEs that stay investor-friendly […]