{"iri":"https://folio.openlegalstandard.org/R7lf0A1jIEuJv35dVQwjxlI","label":"Simple Agreement for Future Equity","sub_class_of":["https://folio.openlegalstandard.org/RCAIUgUHLdwFdtdPTruyEgL"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"SAFE Agreement","alternative_labels":["Future Equity Agreement"],"translations":{},"hidden_label":null,"definition":"A Simple Agreement for Future Equity (SAFE) is a contractual agreement between an investor and a company wherein the investor provides capital to the company in exchange for the rights to receive equity at a later date. The equity is usually issued during a subsequent financing round, at which point the SAFE converts based on the terms set forth in the agreement.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}