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0 pointsaliyeysides3y ago0 comments

Isn't this really an issue with SAFEs that have pre-money terms? Genuinely asking bc idk. I thought post-money SAFEs kinda solved for this. Less favorable for the founder, but far less complex when dealing with multiple investors.

0 comments

gumby3y ago

No, both get their pain from different discount rates.

I was sorry when SAFEs switched to post money -- it was a power play for the investors.

j / k navigate · click thread line to collapse

0 comments

gumby3y ago

No, both get their pain from different discount rates.

I was sorry when SAFEs switched to post money -- it was a power play for the investors.

j / k navigate · click thread line to collapse