Free Finance & Investment Templates

The Y Combinator SAFE: Valuation Cap, No Discount (US) is designed to let startups raise early capital by granting investors the right to future equity at a capped valuation, without offering any additional discount at conversion. Unlike other SAFEs, this version excludes the percentage discount mechanism (which normally gives investors shares at a reduced price), relying only on the valuation cap to protect investors. It is part of Y Combinator’s widely adopted library of open, lawyer-vetted standard financing documents.

The Y Combinator SAFE: Discount, No Valuation Cap (US) governs how investor funds convert into equity by applying a set discount to the price of future preferred shares, without using a valuation cap. It ensures that the investor receives shares at a discounted price in the next equity financing, or a comparable return in the event of a liquidity or dissolution event. This SAFE is part of Y Combinator’s library of open, lawyer-vetted standard financing documents widely used in U.S. startup funding.

The Founder Institute Equity Agreement for Service (EASE) is designed to formalize equity-based compensation for consultants and service providers supporting early-stage startups, ensuring clear terms around services, vesting, and ownership. It is part of the Founder Institute’s widely trusted library of open, lawyer-vetted standard agreements.

The Common Paper Term Sheet is a plain-language template for early-stage financings, organizing key economics and governance terms into a clear framework that simplifies negotiation. It is part of Common Paper’s widely trusted library of open, lawyer-vetted standard agreements.