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Startup Funding

Why have founders moved away from preferred stock in pre-seed funding? [Video]

Why have founders moved away from preferred stock in pre-seed funding?

In this episode of The Data Minute, Peter Walker (Head of Insights at Carta) is joined by David Willbrand (Chief Legal Officer, Pacaso) for a wide-ranging conversation on fundraising with SAFEs, liquidation preferences, and the relationship between founders and lawyers.

What started as a discussion on the technical aspects of raising a SAFE, late-stage liquidation outcomes, and other fundraising topics turned into an examination of the founder/lawyer relationship with one of the world’s top experts on the subject. It’s a unique look at a partnership that you don’t want to miss.

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