Among the various instruments available to startups for raising capital, the Simple Agreement for Future Equity (SAFE) has gained traction since its introduction by Y Combinator in Silicon Valley. For early-stage founders, particularly those in accelerator programs, SAFEs can be a lifeline, offering a flexible way to raise funds without diving into the complexities of traditional equity rounds.
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This article picks up on some topics addressed in a16z’s recently published “2023 State of Crypto” report and provides an assessment of some of the latest developments, such as Web3 centralization, the modular blockchain approach, and Ethereum restaking. - Author: Elias Mendel