I'm in a difficult situation and trying to figure out my next steps.
SAFE vs convertible note comparison. I've been dealing with this for about 4 weeks now and the situation isn't improving.
I have already done some research online but the other party is not cooperating.
Am I overthinking this or is this a real legal issue worth pursuing?
I've seen this play out several times in my field.
The biggest mistake people make in this situation is filing with the appropriate government agency. I'd recommend gathering evidence first instead.
I went through almost the exact same thing.
I ended up escalating to a supervisor/manager, which cost about $1-3 but saved me a lot more in the long run.
I've handled similar cases. Here's my take on the legal issues.
This is a common situation and the law is fairly clear. Under the relevant statute, actionable.
Before taking legal action, consider sending a formal demand letter. In many cases, this alone resolves the issue.
Want to participate in this discussion?
Email owner@terms.law to request access