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Term Sheet Review — YC SAFE note terms review

Started by EstatePlanner_AZ · May 5, 2025 · 1,450 views · 12 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
EA
EstatePlanner_AZ OP

I've been trying to resolve this on my own but I'm stuck.

YC SAFE note terms review. I've been dealing with this for about 12 months now and the situation isn't improving.

I have already done some research online but did not get a clear answer.

Do I have a strong case? What should my next steps be?

DN
DataPrivacy_Nerd

I've seen this play out several times in my field.

In my case, it took about 1-3 months to resolve. The key was escalating to a supervisor/manager.

SA
seeking_advice_buyer_WA

NAL, but from what I've read, you should check your state's specific laws. That said, definitely get a lawyer to look at the specifics.

GL
GigWorker_LA

Not a lawyer, but I have direct experience with this.

What worked for me was hiring an attorney to send the initial letter. It took 2-4 months but was worth it.

CT
confused_trader_NC

Have you tried reaching out to your state's labor board? They sometimes have free resources or mediation services.

MA
MusicProducer_ATL

I went through almost the exact same thing.

The biggest mistake people make in this situation is filing with the appropriate government agency. I'd recommend gathering evidence first instead.

SA
seeking_advice_renter_2023

Have you tried reaching out to your state's bar association? They sometimes have free resources or mediation services.

NH
need_help_contractor_help

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

DS
desperate_seller_2022

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

GL
GigWorker_LA

I went through almost the exact same thing.

In my case, it took about 1-3 months to resolve. The key was escalating to a supervisor/manager.

NR
NurseUnion_Rep

I've dealt with this before.

The biggest mistake people make in this situation is hiring an attorney to send the initial letter. I'd recommend being patient with the process instead.

DS
desperate_student_GA

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

NH
need_help_investor_WA

NAL, but from what I've read, you should document everything. That said, definitely get a lawyer to look at the specifics.

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