She has twice rewritten the way startups are funded. She was the one who switched the Valley to convertible notes. Then, dissatisfied with notes, she single-handedly invented the SAFE.
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Jessica and I were talking about who in Silicon Valley has had the most effect in proportion to how well they're known, and we both picked the same person: Carolynn Levy.https://www.startupschool.org/videos/79
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How many investors and founders use these docs without even realizing they're playing a game whose rules Carolynn invented, and that this is why (very much unlike 20 years ago) the mechanics of startup funding more or less work now?
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Lots if not the vast majority of startups in the last 5 years in particular, including mine.
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great presentation, docs here: https://www.ycombinator.com/documents#safe
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By tweeting this you may have affected the truth of the tweet! ;)
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Let's hope.
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An aspect of the funding that rarely you read about. Very interesting
I’m definitely taking notes about it 
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I listened to Carolynn talk about the SAFE, and i truly admire the brilliant thoughts she has put into designing the it.
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