Brian Patterson, Partner at Silicon Valley law firm Gunderson Dettmer, chats with Emergence’s Joe Floyd about how to best structure seed financing. In this conversation, Brian and Joe cover a number of topics including:

- What are the best ways to structure early stage seed financing?

What’s the difference between a convertible note and a SAFE, and when should a startup choose one or the other?

- For those companies that raise on convertible notes, how do you approach board structure and governance?

- What happens when people have outstanding notes and the fundraising environment turns? What are some lessons that entrepreneurs should know in those situations?