3 ms·

something is not mentioned or i missed it: $250k for how much equity?

• wrs 4y ago
  MFN SAFE means it converts to equity in the next funding round, at the price set by the lead investors in that round. E.g., if the next round had a $2.5M post valuation, this would become 10%.
  • moralestapia 4y ago
    Thanks, I was looking for this as well.
  • suyash 4y ago
    That sounds a bit more equity for less money than YC or other prominent programs. https://www.ycombinator.com/deal/ https://www.ycombinator.com/deal/