SAFT
topic on 3 shows · 3 statements across 3 episodes · said 3 times in 1 episodes since 2018
the Y Combinator Startup Podcast 3 
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the Y Combinator Startup Podcast 3
2018 3 mentions in 1 episode
every mention on every show, scene by scene, with the transcript →
3 statements about SAFT, every show
Jackson: Early Braintrust investors bought SAFTs converting below $1 per token
“These investors bought staffs, simple agreement, future tokens. Safes have conversion caps. Safes have conversion caps, right? And so there was a conversion cap in the staff. It's different levels for different staffs, but They were all, you know, somewhere be…”
McKeon: Early ICOs ignored securities laws before adopting compliance tools
“Initially, everybody was ignoring securities laws entirely, and then there was this idea, like, oh, maybe we need to comply with these things, and so then there were all these other mechanisms, like the SAFT that were invented, and so I'd say that was the othe…”
Bromberg: ICOs raise $10M to $200M via SAFTs
“Token fundraising ICOs, mostly raised on what are called SAFTS, Simple Agreements for Future Tokens... Mostly raised from hedge funds, venture funds, institutions, and again, angels putting money into these ICOs. But they're raising 10 to two hundred million d…”