I'm dealing with a situation and need some guidance.
SAFE vs convertible note comparison. I've been dealing with this for about 6 months now and the situation isn't improving.
I have already consulted briefly with a lawyer but the other party is not cooperating.
Am I overthinking this or is this a real legal issue worth pursuing?
If you can swing it, a consultation is probably your best next move here.
Following this thread — Subscribing to this thread. In a similar spot.
I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.
Been there. Here's what I learned.
What worked for me was having everything documented. It took 3-6 months but was worth it.
Can confirm the demand letter approach works. I used a template from a legal website, customized it with my specific facts and statutory references, sent it via certified mail, and had a settlement check within 30 days. Total cost: $7 for postage.