Interesting. We are negotiating our own SAFE deal (a replacement for Convertible Notes) and VCs told us that average discount rate is 20% but I guess it depend

Interesting. We are negotiating our own SAFE deal (a replacement for Convertible Notes) and VCs told us that average discount rate is 20% but I guess it depends on the team/startup. It's pretty close to your 24,5% median and it validates your data.