A SAFE (Simple Agreement for Future Equity) is the fastest way to close early-stage funding: the investor pays now and receives shares at the next priced round, so there is no valuation negotiation, no closing conditions, and signing can happen in days. SAFEs are enforceable under Turkish law as sui generis contracts, but they were drafted for Delaware corporations — using them with a Turkish A.Ş. requires adaptation of the conversion mechanics to Turkish corporate law, which is exactly where most template mistakes happen.
This hub collects everything we have published on SAFE and early-stage financing in Türkiye: plain-language definitions, negotiation checklists, deeper articles, and the related services if you want counsel on your round.
Start with the essentials
- SAFE — what it is and how conversion works
- Valuation cap and discount — the two numbers that matter in a SAFE
- Convertible note — the debt-flavoured alternative and when it fits better
- Pre-money vs post-money valuation — why YC moved SAFEs to post-money
Negotiation layer
- Term sheet — the document that locks your leverage
- Pro-rata rights — the side letter most SAFE investors ask for
- ESOP and vesting — how the option pool interacts with SAFE conversion dilution
Documents and checklists
- YC SAFE documents — annotated walk-through
- NVCA model documents — for the priced round that follows
- VC due diligence checklist — what investors will ask before wiring
Deeper reading
When you need counsel
We close SAFE rounds for Turkish and US-incorporated startups weekly — drafting, adapting conversion mechanics to the A.Ş. structure, side letters, and cap-table modelling. See Startup & Scaleup Advisory, or if your investors require a Delaware topco first, US Company Formations & Flip-Ups.