Both parties are encouraged to have their lawyers check the vault if they wish, but we believe it offers a starting point that can be used in most situations without change. We stick to this belief because we have seen hundreds of companies first-hand every year and helped them raise funds, as well as based on the thoughtful feedback we received from founders, investors, lawyers and accountants with whom we shared the first designs of the post-money vault. To better explain it, a SAFE is a convertible loan that allows investors to buy shares in a future price cycle. It addresses many of the challenges and disadvantages that convertible bonds have. For this reason, it`s a great option just for founders and investors. .
