[ad_1] What Is the Distinction Between a SAFE and a Convertible Be aware? The primary distinction between a SAFE and a convertible notice is the premise of the instrument. A convertible notice is a debt instrument, and a SAFE is an fairness instrument. A SAFE can also be typically less complicated and extra streamlined. One other distinction is {that a} convertible notice usually consists of an rate of interest and a maturity date. The maturity date is the date by which a convertible notice have to be repaid or transformed to fairness, and the rate of interest is the speed…
