W-FVC22 BV - Simple Agreement for Future Equity Valuation

Session Description

SAFE is a new type of convertible note used for startup companies' financing. Compared to the traditional convertible notes, they include amandatory conversion inot the next round of equity financing at a discounted price. These features trigger derivatives accounting and fair value under GAAP. The presentation will cover different types of SAFE features as well as alternative methods used in the valuation of the embedded derivatives.

Speaker

Vincent Covrig, Ph.D., CFA, Principal | Crowe LLP

Continuing Education

Review of this session recording will award 1 CE hour. 

CPE credit is not awarded for this pre-recorded offering.