A primer on Simple Agreements for Future Equity (SAFEs), the investment vehicle used by the Polsky Center, Chicago Booth, and the University of Chicago (as well as YCombinator and Techstars).
This is a recording of a session led by Russ Herron, Senior Associate Counsel at UChicago's Office of Legal Counsel, and Galen Mason from the law firm Michael Best. The session introduces the general mechanics of SAFEs, as well as discuss the features and implications of UChicago's SAFE terms.