{"id":13918,"date":"2026-10-04T01:05:10","date_gmt":"2026-10-03T20:05:10","guid":{"rendered":"https:\/\/pivot.uz\/?p=13918"},"modified":"2026-10-04T02:15:24","modified_gmt":"2026-10-03T21:15:24","slug":"safe-shartnomasi-va-convertible-note-nima-investor-bilan-to%ca%bbg%ca%bbri-kelishuv-tuzish","status":"publish","type":"post","link":"https:\/\/pivot.uz\/uz\/safe-shartnomasi-va-convertible-note-nima-investor-bilan-to%ca%bbg%ca%bbri-kelishuv-tuzish\/","title":{"rendered":"SAFE shartnomasi va convertible note nima? Investor bilan to\u02bbg\u02bbri kelishuv tuzish"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Startapning dastlabki bosqichlarida (Pre-seed va Seed) kompaniyaning aniq narxini (Valuation) belgilash juda qiyin bo\u02bbladi. Baholash ustida oylarcha tortishib vaqt yo\u02bbqotmaslik uchun investor va startapchilar konvertatsiya qilinuvchi investitsiya shartnomalaridan foydalanishadi. Buning eng ommabop usullari \u2014 SAFE va convertible note hisoblanadi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>SAFE shartnomasidagi valuation cap va discount tushunchalarini tushunish uchun<\/em> <em><a href=\"https:\/\/pivot.uz\/uz\/investitsiya-bosqichlari-pre-seed-seed-series-a-b-c\/\">Investitsiya bosqichlari: Pre-seed, Seed, Series A, B, C<\/a><\/em> <em>maqolamizni o\u02bbqing.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. SAFE va convertible note taqqoslashi<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Xususiyat<\/strong><\/td><td><strong>SAFE (Simple Agreement for Future Equity)<\/strong><\/td><td><strong>Convertible note (Konvertatsiya zaymi)<\/strong><\/td><\/tr><tr><td><strong>Hujjat turi<\/strong><\/td><td>Kelajakdagi ulush bo\u02bbyicha oddiy kelishuv<\/td><td>Qarz majburiyati (Debt instrument)<\/td><\/tr><tr><td><strong>Foiz stavkasi<\/strong><\/td><td>Mavjud emas (0%)<\/td><td>Yillik foiz bor (masalan, 5\u20138%)<\/td><\/tr><tr><td><strong>Qaytarish muddati<\/strong><\/td><td>Yo\u02bbq (Muddatsiz)<\/td><td>Aniq muddat bor (18\u201324 oy)<\/td><\/tr><tr><td><strong>Muallifi<\/strong><\/td><td>Y Combinator (2013-yil)<\/td><td>An&#8217;anaviy venchur huquqshunosligi<\/td><\/tr><tr><td><strong>Murakkabligi<\/strong><\/td><td>Juda oddiy (5\u20136 sahifa)<\/td><td>Birmuncha murakkab huquqiy shartnoma<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/itparkuzb-my.sharepoint.com\/:f:\/g\/personal\/t_kim_outsource_gov_uz\/IgDBdXP1rrOAT4XeLZlxgL9wARD3FKZToFR7HKyrT5ezKxI?e=JvwTHn\" target=\"_blank\" rel=\"noopener\">Y Combinator<\/a> o\u02bbzining Post-Money SAFE shartnoma shablonlarini butun dunyo startaplari uchun ochiq va bepul taqdim etgan. Bugungi kunda global seed-investitsiyalarning 80%dan ortig\u02bbi aynan SAFE orqali rasmiylashtiriladi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SAFE shartnomasi \u2014 erta bosqichda vaqt va huquqiy xarajatlarni tejashning eng qulay hamda zamonaviy usulidir.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Startapning dastlabki bosqichlarida (Pre-seed va Seed) kompaniyaning aniq narxini (Valuation) belgilash juda qiyin bo\u02bbladi. Baholash ustida oylarcha tortishib vaqt yo\u02bbqotmaslik uchun investor va startapchilar konvertatsiya qilinuvchi investitsiya shartnomalaridan foydalanishadi. Buning eng ommabop usullari \u2014 SAFE va convertible note hisoblanadi. SAFE shartnomasidagi valuation cap va discount tushunchalarini tushunish uchun Investitsiya bosqichlari: Pre-seed, Seed, Series A, B, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard"},"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"jnews_podcast_option":[],"jnews_podcast_series":[],"footnotes":""},"categories":[387],"tags":[230],"jnews-series":[],"class_list":["post-13918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maqolalar","tag-startaplar"],"_links":{"self":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts\/13918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/comments?post=13918"}],"version-history":[{"count":1,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts\/13918\/revisions"}],"predecessor-version":[{"id":13952,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts\/13918\/revisions\/13952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/media\/13836"}],"wp:attachment":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/media?parent=13918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/categories?post=13918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/tags?post=13918"},{"taxonomy":"jnews-series","embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/jnews-series?post=13918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}