Posts by Will Poole
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Many in Silicon Valley's tech investment sector are familiar with the founder-friendly financial instrument known as the “Simple Agreement for Future Equity" (SAFE). SAFEs are commonly used, yet they're often misunderstood by entrepreneurs – and they're not always beneficial for investors. Will Poole of impact investing firm Capria reflects on an experience with a SAFE that went wrong, involving a South America-based entrepreneur with an apparently promising social enterprise. Poole presents three lessons learned about the importance of business integrity, simplicity and luck.