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Re:Y Combinator’s safes spread – L.A. accelerator is now iss... by rhc2104 on Wednesday January 08, 2014 @04:11PM (#7026670)
I have a question about the SAFE.

SAFE holders don't seem to have the right to veto dividends. Shouldn't they have that right? What stops a company from issuing SAFEs, making a big dividend, and letting the company's shell fold?

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