Levy: Investors should not use SAFEs for lifestyle businesses
Carolynn Levy · Carolynn Levy and Kirsty Nathoo - Startup Investor School Day 1 · Y Combinator · Mar 6, 2018 · at 26:17
Carolyn Levy, Y Combinator partner and creator of the SAFE, warns investors against using SAFEs when investing in profitable lifestyle companies.
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“If you want to fund lifestyle companies, You definitely do not want to use the safe, because then you're going to have this problem all the time.”
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