The Instrument | SAFE, SAFT, Token Warrant
Valuation in a crypto deal means nothing until you know the instrument. SAFE, SAFT, and token warrants each price something different....
Hi, Iām Tal.
After seeing too many bad deals over the years, I write about how founders and investors can avoid costly mistakes and get the structure right.
Over a decade inside venture rounds as a lawyer and VC. Today, I'm a partner at Collider.
Each post takes less than five minutes to read. The ideas and writing are mine. AI is used only for typo and grammar fixes.
Valuation in a crypto deal means nothing until you know the instrument. SAFE, SAFT, and token warrants each price something different....
In a VC deal, negotiation only matters if it's about economics or control. Every post on this blog is about one of the two....
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