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Going 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'
by lmeyerov 4y ago
Going 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.