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i would like to introduce kirsty who is going to talk uh in much detail about safes notes equity and the like kirsty all right good morning everybody so my name is kirsty nathu im the cfo one of the partners here at y combinator um and i have now worked with probably over 1500 companies in terms of getting them incorporated doing our yc investment and then seeing them through their their subsequent raises either on convertible instruments or on equity rounds so ive seen kind of a lot by now um and so this this presentation is is to give you some understanding of some of the things that people dont necessarily understand when theyre raising money um and to hopefully help you avoid some of the pitfalls that weve seen with that some of the mistakes that weve seen founders make so the key the key message in all of this presentation is that its important that you understand at all stages of the companys life cycle how much of the company youve sold to investors and in connection
