In the first quarter, generative AI companies raised over $1.7 billion across 46 deals, PitchBook data showed. We expect the pace of startup financing using a SAFE to continue
to increase and evolve. The above investor rights—board seat,
pro rata and information—are very typical in startup
financings. Startups are wise to
carefully consider whether any of these terms could materially
affect the startup’s ability to attract later capital. Additionally, negotiating additional or different terms for
different investors may defeat the purpose of using a
“simple” form of agreement. Startups should tread carefully when negotiating and
extending different terms for different investors and
“nontraditional” investor rights in the context of SAFE
financings.
Generative A.I. Start-Up Cohere Valued at About $2 Billion in … – The New York Times
Generative A.I. Start-Up Cohere Valued at About $2 Billion in ….
Posted: Tue, 02 May 2023 07:00:00 GMT [source]
After all, …