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I agree that a cloud service agreement is more complicated than a SAFE, and that's a result of the fact that the underlying deal is more complicated.

We use the SAFE as an example of a standard contract because it's one that our target users are familiar with. We believe that there are a lot of lessons worth learning from the SAFE's success, along with other standard contracts like the NVCA Model Docs, IAB Standard Terms, ISDA Master Agreement, etc.

Our users have signed thousands of contracts and closed millions of dollars of deals, so it's working for at least some commercial contracts. Of course, this is a tiny percentage of the overall market. Our bet is that it can become a much larger portion of the market, even if it doesn't get to 100%



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