Sahin Boydas
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The SAFE Agreements Playbook for Founders

I used to think SAFE agreements was about luck. Then I discovered this counterintuitive approach that changed everything.

2024-01-237 min read619 words
Practical Guide·6 steps·7 min read

I used to think SAFE agreements was about luck. Then I discovered this counterintuitive approach that changed everything.

The Reality Nobody Talks About

A lot of the advice on SAFE agreements rests on assumptions that made sense five years ago. The world has moved on.

The first thing to understand is that customer feedback is the only metric that matters. I've seen this play out across dozens of companies. The pattern is unmistakable.

Many teams spend months on the wrong path before realizing that the best solutions are often the simplest ones. Once they make the switch, everything changes.

The Counterintuitive Truth

In SAFE agreements, the best practitioners often do less, not more.

The lesson: you need to move fast and break things. It sounds simple. It's incredibly hard to execute.

Why Most Approaches Fail

Many common approaches to SAFE agreements are flawed at the root.

The root cause is usually one of three things:

Copying what big companies do without understanding why they do it. What works for Google doesn't work for a 10-person startup.

Over-engineering the solution when a simple approach would work better. I've seen teams spend six months building something that could have been done in two weeks.

Ignoring the human element. Technology is the easy part. Getting people to actually use it is where the real challenge lives.

Real Talk: What Actually Matters

Here is what actually matters in SAFE agreements.

First, execution speed beats perfection. Every time. Companies rarely fail because they moved too fast on SAFE agreements. Many fail because they moved too slowly.

Second, measure everything. If you can't measure it, you can't improve it. Set up tracking from day one, even if it's basic.

Third, talk to your users. It sounds obvious, but many founders make decisions about SAFE agreements in a vacuum. Get out of the building. Talk to real people.

This connects to broader themes around convertible notes, revenue-based financing, Series A, fundraising timeline that I've been thinking about a lot lately.

The Bottom Line

None of this is rocket science. But it does require intentionality, consistency, and a willingness to learn from mistakes.

If you take one thing from this article, let it be this: start now, start small, and iterate. The founders who win at SAFE agreements aren't the ones with the best strategy on paper. They're the ones who execute, learn, and adapt faster than everyone else.

Companies that take SAFE agreements seriously tend to pull ahead of the ones that don't.

If you're working on something interesting in this space, I'd love to hear about it. Drop me a line.

FAQ

Frequently Asked Questions

Q:Is this guide based on real experience?

Every recommendation in this guide comes from direct experience, either from building and selling my own companies, or from patterns I've observed across 234 angel investments. I don't write about things I haven't personally tested.

Q:Who is this guide designed for?

This guide is written for founders and operators who want practical, actionable advice rather than theoretical frameworks. Whether you're just starting out or scaling an existing business, the principles here apply across stages.

Q:What if I disagree with some of the advice?

Good. That means you're thinking critically, which is exactly what a good founder should do. Take what resonates, test it, and discard what doesn't work for your specific situation. No advice is universal.

Q:How often is this guide updated?

I revisit and update my guides regularly as I learn new things and as the market evolves. The core principles tend to stay stable, but specific tactics and tools get refreshed based on what's working right now.

Written by

Sahin Boydas

Serial entrepreneur, #1 angel investor, author of Becoming Top 1%

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