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Ask HN: SAFE note for development time

1 points by dieselz 7 years ago · 0 comments · 1 min read


I'm wondering whether there is a SAFE-like document, except the value would be correlated to hours worked and hourly rate.

The situation I often find myself in is that I am asked to help out startups but they don't have funding yet. I'm happy to help in some cases, but I want to be compensated in equity in a fair way. It seems as though a convertible note would work well - except the value would need to change based on the hours I contribute.

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