SAFEs (and convertible notes) are also good for pre-equity round employees because companies can grant them shares instead of options. People who own shares out

SAFEs (and convertible notes) are also good for pre-equity round employees because companies can grant them shares instead of options. People who own shares outright are much better off tax-wise than people with options. You are right, though, employees are better off when they understand conversion mechanics. And when they don't work for dillholes that mislead them with complexity.