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yolo101010

Amazing - thank you so much for this detailed and thoughtful response!
Thank you - yes, exactly. Waiting for that..

"Hire a lawyer" isn't a real option for us. Besides the $ cost, there is the time and the reputation cost as well.

Curious to see how have others managed situations where investor signed SAFE but did not wire the funds promptly ?

Ask HN: Investor signed SAFE but stalls on wiring the money

Dear HN: An angel investor who came through an inbound intro signed a YC-standard template SAFE on favorable valuation with us where the expectation was the funds would be wired quickly. But after that the investor is stalling/deferring the wire by a couple of weeks, even as we go to raise at higher valuation from others.What are our options as a startup at this point if we don't want to work...

( Read More... | 27 comments | 44 points | on HN )