A side letter is a separate contract that a startup may enter into with an investor to give that investor rights in addition to those set out in the primary investment document. For example, a startup could grant a SAFE investor pro rata rights in a side letter.
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The Ultimate Guide to SAFEs for Startups
Unlock the secrets of startup financing with our comprehensive guide to SAFEs. Discover how they work, when to use them, and how they compare with convertible notes and priced rounds.