About us
Startups that are growing often need to take outside capital. One of the pathways is to take Angel Investing. In the local San Diego startup community, the community benefits from more people engaging in Angel Investing as well as having stronger startups who are investment ready. This group will explore the issues related to startups taking their first round of outside funding, both from the investor side and the entrepreneur side. 10% of the community is federally qualified to make Angel Investments. We will explore what that looks like.
Upcoming events
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- Network event
Series SAFE Preferred Stock: Keep SAFE Economics—Add QSBS Clarity
·OnlineOnline19 attendees from 11 groupsSeries SAFE Preferred Stock: Keep SAFE Economics—Add QSBS Clarity
Angels like SAFEs because they’re fast, founder-friendly, and economically straightforward—typically driven by a valuation cap and/or discount. The downside is that SAFEs are contractual rights rather than issued stock, which can create uncertainty around when QSBS starts and whether a particular SAFE structure qualifies as “stock” for QSBS purposes.
This webinar introduces Series SAFE Preferred (see https://www.seriessafe.com/), a structure designed to preserve the core economics and simplicity of a SAFE while providing a cleaner QSBS posture by issuing preferred stock up front. We’ll walk through how the instrument works, what makes it “SAFE-like,” and how it can help angels maximize after-tax outcomes when a company becomes a breakout success.
We’ll cover:- The SAFE-equivalent economic model (cap/discount style outcomes without a full priced-round process)
- How the documentation stays lightweight and founder-friendly
- Why “stock issued now” matters for QSBS start date clarity
Amit Singh is a corporate and venture capital/M&A partner in Mintz Levin’s San Diego office. He has advised on over 600 venture capital transactions and more than 200 M&A deals, primarily focused on technology and life sciences. Amit created Series SAFE Preferred (https://www.seriessafe.com/) to preserve the speed, simplicity, and economic outcomes angels value in SAFEs, while providing a cleaner structural path to QSBS eligibility and start-date clarity through issuance of preferred stock at the seed stage. He regularly counsels founders and investors on efficient financing structures designed to optimize alignment, execution certainty, and long-term after-tax outcomes.
Past events
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