A SAFE or convertible note lets you raise early money fast, before you have agreed a valuation. The instrument converts to equity at the next priced round. A GTC attorney drafts the terms that decide what you keep — valuation cap, discount, MFN, pro-rata — founder-side or investor-side. The numbers stay your call; we put them into an instrument that converts cleanly.
$350 Flat fee, quoted up front · Founder-side or investor-side
Trusted by founders and brands worldwide
How it works
Sixty minutes. Cap, discount, MFN, pro-rata, and — for a note — the interest rate, maturity, and qualified-financing threshold. We model how the SAFE or note converts at a plausible next round so you see the dilution before you sign.
The SAFE or note is drafted to the agreed terms, founder-side or investor-side, on the current post-money market form. You review it before it goes to the investor, and if you are receiving a draft we mark it up against your priorities.
One round of investor revisions is included. The signed instrument is stored in your corporate records and logged against the cap table, so the dilution it creates is visible the moment the next round prices.
What it costs
SAFE & Convertible Note Drafting is $350. A standard SAFE or convertible note is a flat fee, quoted in writing before any drafting begins — one attorney-drafted instrument, on the current post-money market form, with the conversion and dilution modelled first. There is no partner-hour billing and no quote after the fact. A round of several SAFEs or notes on the same terms is scoped together. There are usually no government or filing fees on a SAFE or note, so the quoted fee is the cost.
What's included
We draft the instrument and advise on the legal structure. The valuation cap, the discount, and whether to do the round stay your decision — we do not give investment or tax advice, and no fundraise outcome is guaranteed.
Get started
Tell us about the round — instrument, cap, discount, and which side you are on — and a GTC attorney will scope the drafting and email a flat-fee quote.
Your request
Your company name — we use it to label the documents.
A SAFE converts to equity at your next priced round with no interest or maturity date; a convertible note is a loan that converts, with interest and a maturity date. SAFEs are the common startup default.
Tells us which side we are drafting for.
A rough amount or range is fine — for example $250k on SAFEs.
A valuation cap sets the maximum price the SAFE converts at; a discount gives the investor a percentage off the next round's price. We can explain and advise.
Why GTC
We draft on the post-money SAFE that is now the market standard, not the 2013 pre-money version that hides SAFE-on-SAFE dilution. A note is drafted to current terms — cap, discount, interest, maturity, and a qualified-financing trigger.
We run the cap, the discount, and the option-pool top-up through a plausible next round before a word is drafted. You see the founder dilution the instrument creates, so the terms you sign reflect the ownership you want to keep.
We draft from whichever side of the table you sit on. Sending to investors as the company, or sending to companies as the investor — the cap, discount, MFN, and pro-rata are set to protect your position either way.
An instrument drafted to a market form converts predictably when the priced round lands. Home-made or mismatched SAFEs are where conversion disputes and cap-table cleanups start. We draft the version a counterparty's counsel recognises.
Your Customer Success Team
Every GTC client gets a dedicated Account Manager and a Senior Account Manager who learn your business and stay with you from first email to final filing. They are named people who pick up the phone and already know your matter, so every step moves forward without delay.
Your day-to-day point of contact, who coordinates every matter, keeps things moving, and already knows your file. They have your full history, so you start every conversation where the last one left off.
Senior oversight on strategy and escalations, stepping in as your needs grow, so every important detail stays on track.
A named person, on email or a call, at every step.
How we compare
| What you get | GTC | Online filing services | Doing it yourself |
|---|---|---|---|
| Attorney drafts the SAFE or note to current market terms | |||
| Dilution and conversion modelled before you sign | |||
| Cap, discount, MFN, and pro-rata each set to your deal | |||
| Drafts from either side — founder-side or investor-side | |||
| Flat fee quoted up front, not partner-hour billing | |||
| Same team carries it into the next priced round |
Attorney drafts the SAFE or note to current market terms
Dilution and conversion modelled before you sign
Cap, discount, MFN, and pro-rata each set to your deal
Drafts from either side — founder-side or investor-side
Flat fee quoted up front, not partner-hour billing
Same team carries it into the next priced round
The timeline
A SAFE or note is the fastest way to take early money. The hard part is the terms conversation; once those are settled, the drafting is quick. Here's the sequence and where you steer it.
Sixty minutes. Cap, discount, MFN, pro-rata, and — for a note — interest, maturity, and the qualified-financing threshold. We model the conversion so the terms are settled before drafting begins.
The SAFE or note is drafted to the agreed terms on the current market form and reviewed with you. If you are receiving a draft, we mark it up against your priorities instead.
One round of revisions with the investor or their counsel is included in the fee. Most SAFEs settle quickly; notes with bespoke interest or maturity terms take a little longer.
The signed instrument goes into your corporate records and is logged against the cap table, so the dilution it carries is visible the moment the next round prices.
In their words
One accountable team across every practice, operating since 2016.
SAFEs + convertible notes
Draft the SAFE or note.
A free terms call. We'll talk through the round, model how the instrument converts at your next priced round, and confirm the flat fee before any drafting begins — so the SAFE or note you sign reflects the ownership you want to keep.
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