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A comment on Announcing the Safe, a Replacement for Convertible Notes. Parent comment

Re:Announcing the Safe, a Replacement for Convertible Notes by ksar on Friday December 06, 2013 @01:55PM (#6862849)
Not necessarily. The 'caps' on these warrants are likely to be lower to compensate investors.
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Re:Announcing the Safe, a Replacement for Convertible Notes by clevy on Friday December 06, 2013 @02:55PM (#6863306)
A company that never has one of the qualifying events is likely to be an extreme corner case. So an investor could end up holding a safe for a while, but for the vast majority of companies, there will be a financing or a merger / acquisition at some (or an IPO).
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