What terms make SAFE notes more founder-friendly?

Published: 13/10/2017
What terms make SAFE notes more founder-friendly?
Source: WWW.SAASTR.COM

Let’s step back a minute: the #1 “un-founder” friendly thing in a SAFE is the implicit anti-dilution protection for investors. No matter how many shares you add to the option pool, no matter how big the round grows, the investors always keep the same pre-money valuation. Because of this, there’s often a “dilution surprise” when... The post What terms make SAFE notes more founder-friendly? appeared

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