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VC Deal Negotiation — YC SAFE note terms review

Started by just_curious_dev_WA · Jun 19, 2025 · 446 views · 3 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
JC
just_curious_dev_WA 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 14 months now and the situation isn't improving.

I have already done some research online but the other party is not cooperating.

What are the risks if I pursue this? What's the likely timeline?

TD
throwaway_driver_NY

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.

TL
Mod_TermsLaw Moderator

I specialize in this area of law. Here's my take on the legal issues.

This is a common situation and the law is fairly clear. Under the relevant statute, actionable.

The practical consideration here is cost vs. potential recovery. For disputes under $10K, small claims court is often the best route.

DS
DevOps_Seattle

I've dealt with this before.

I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run.

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