@paulg anecdotal, but noticed many east coast lawyers also advice startups not to do SAFE.
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@semil East coast lawyers are always a few years behind. -
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@scottbelsky@paulg@semil Battle of the coasts! *grabs popcorn* -
@RyanCarl@scottbelsky@paulg no drama here - was anecdotal based on lawyers i've seen, not founders. but has happened a bunch. -
@semil@scottbelsky@paulg Totally! Grew up in NY & am moving to SF. Both cities are incredibly valuable. Can't have one without the other!
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Srsly? this a real doozy RT
@paulg If investor has prob signing a safe, ask what he thinks he knows that Ron Conway & Sequoia don't.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg any reason why Canadian investors are hesitant to use them? - 1 more reply
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@paulg Tons! For starters, they know that one can be successful without being predatory -- or being suckered!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Founders should ask those investors what they do or how they invest differently from those who do safes.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg How critical is it to find a grey beard mentor w/robust network & deep industry exp. for early stage startup? Guessing it depends.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg and if you want in … quality young companies are in short supply.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg kind of unfair to the investor when it's probably their lawyer at faultThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg All of our seed investors signed SAFEs :)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg unless the investor is Russ HannemanThanks. Twitter will use this to make your timeline better. UndoUndo
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