3 ms·
Other options include going public or paying out dividends.
by freediver 4y ago
Other options include going public or paying out dividends.
- lmeyerov 4y agoGoing public is a qualified event for a SAFE to convert -- it is a financing -- but curious about the dividends SAFEs are often capped, so taking awhile doesn't matter so much, except maybe interest calcs
- freediver 4y agoIf a company is doing sustainably well, supposedly you could have a mutually agreeable mechanism to convert SAFEs to equity (at cap for example) and treat shaleholders with dividends.