Here's what a SAFE or convertible note raise involves in plain English — then get matched, free, to vetted boutique startup lawyers who advise on it every day.
A SAFE (Simple Agreement for Future Equity) and a convertible note are two common instruments founders use to raise early-stage money quickly, before setting a formal company valuation. In plain English, an investor gives you capital now and, instead of getting shares immediately, their investment converts into equity at a later priced round on agreed terms. The specifics — how and when the instrument converts, and the commercial terms attached — vary, which is why founders take advice from a startup lawyer before signing.
SAFEs and notes look simple but the terms shape how much of your company you give away and what happens at the next round. A startup lawyer who does these every day can explain the trade-offs for your situation.
This is general information, not legal advice. Every startup is different. Tell Sage what you're working on and we'll match you, free, to a vetted boutique startup lawyer who can advise on your specific situation.
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SAFEs & convertible notes for startups in Sydney
SAFEs & convertible notes for startups in Melbourne
SAFEs & convertible notes for startups in Brisbane
SAFEs & convertible notes for startups in Perth
SAFEs & convertible notes for startups in Adelaide
SAFEs & convertible notes for startups in Canberra
Getting your Pty Ltd structure right from day one.
Giving your team a stake — done properly.
Reading and negotiating your seed or Series A offer.
How founders and investors agree to run the company.
The customer-facing documents your product needs.
Yes. Tell Sage about your matter and you'll be matched, free, to vetted boutique startup lawyers who handle safes & convertible notes regularly. The lawyer gives you advice for your situation; this page is general information only.
No. It explains safes & convertible notes in plain English so you can have a better first conversation. It is not legal advice and should not be relied on as such — get advice from a matched startup lawyer for your specific circumstances.
Yes — getting matched is free for founders and your brief stays anonymous until you choose who to connect with. You engage and pay the lawyer you choose directly.
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