In this episode of The Willpower Podcast, I sit down once again with investor and entrepreneur Rick Segal to unpack two of the most common documents founders encounter when raising capital: the term sheet and the SAFE (Simple Agreement for Future Equity).
Rick breaks down what each document means, how they work in practice, and the key differences that every founder and investor should understand. We talk about:
Why a term sheet sets the foundation for negotiations and long-term investor relationships.
How a SAFE can speed up early-stage fundraising but also create future complexities.
The trade-offs between flexibility, valuation, and control when choosing one over the other.
Whether you’re a founder preparing to raise money, or an investor looking to back early-stage ventures, this episode will give you a clear, practical understanding of which path makes the most sense for your situation.
📖 Get your copy of The Heart of It here: https://amplifypublishinggroup.com/product/nonfiction/business-and-finance/entrepreneurship/the-heart-of-it/
📝 Read Rick Segal’s blog: https://impactinvestorsegal.com/blog/f/fathers-role
