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Isn't this really an issue with SAFEs that have pre-money terms? Genuinely asking bc idk. I thought post-money SAFEs kinda solved for this. Less favorable for t
by aliyeysides 4y ago
Isn't this really an issue with SAFEs that have pre-money terms? Genuinely asking bc idk. I thought post-money SAFEs kinda solved for this. Less favorable for the founder, but far less complex when dealing with multiple investors.
- gumby 4y agoNo, both get their pain from different discount rates. I was sorry when SAFEs switched to post money -- it was a power play for the investors.