He plans to write $100,000 checks as a safe “pun intended” he says, with a $10 million cap. A safe is, of course, the invest now/price later pre-seed investment tool pioneered by Y Combinator.

Y Combinator's SAFE docs spread — L.A. accelerator is now issuing them, too (exclusive) Rebecca Grant. January 7, 2014 12:57 PM. Image Credit: Shutterstock. Convertible ...

“The safe move is to plan for the worst,” Y Combinator said. “If the current situation is as bad as the last two economic downturns, the best way to prepare is to cut costs and extend your ...

As Y Combinator expands and evolves, ... The deal ($125,000 for 7% of the company, plus a $375,000 SAFE note, extensive mentorship, and physical office space) remains highly sought after.

Geoff Ralston, well-known in the startup community for his years at Y Combinator, is back in the formal investing ring, he announced Thursday.. His new fund is called Safe Artificial Intelligence ...