venturecapital

The original SAFT whitepaper (2017) https://www.cooley.com/-/media/cooley/pdf/reprints/saft-project-whitepaper.pdf

It's likely going to find its stride this year onwards

editor https://lowercase.cards/ moderator /lowercase

Two trends

Onchain funding heating up, inc semi public sales https://x.com/reganbozman/status/1879955420229562853

Many teams considering a token launch this year given a more favorable admin in the US

SAFT fits the bill, the way SAFEs did back in the day, it's inevitable

26/ Legion is also probably able to run a faster and lighter diligence process than CoinList because its non-US based

This obviously can have negative effects down the line but it means they can scale a lot quicker

27/ Echo's core product is AngelList syndicates on-chain

Leads like @cmsholdings bring deals they are doing to Echo

They get free leverage
Projects expand their communities
Retail gets preferential access

Regan Bozman

Healthcare investor by day, web3/AI tinkerer by night. 🟪 Host: /venturecapital /theitinerant