The majority of our pre-seed funding comes from a US-based VC firm with an uncapped SAFE. And our investors haven't been made aware of the situation yet, but we are thinking about informing them on Wednesday this week.
Thank you very much for the suggestion, we have also thought about starting a new entity, but we are not so sure on how to transfer our assets (SAFE note, domain, IP, employees, customers, code bases, etc) to the new entity, and how this would affect the relationship with our existing funders.
What do you think the pros and cons would be?
