4 ms·
The SAFE by design contains a full ratchet anti-dilution protection for the investor, if you have raised a loot of money normally by stacking some SAFES on diff
by elmar 9y ago
The SAFE by design contains a full ratchet anti-dilution protection for the investor, if you have raised a loot of money normally by stacking some SAFES on different dates and then raise the next converting round at a low valuation you can find yourself completely diluted.