4 ms·
$40M is the valuation cap, not the valuation. When you raise money with an SAFE, you are postponing the negotiation about how much your company is worth. It co
by jefftk 3y ago
$40M is the valuation cap, not the valuation.
When you raise money with an SAFE, you are postponing the negotiation about how much your company is worth. It could easily convert at well under $40M depending on how well they are doing when they next raise.
- JumpCrisscross 3y ago$40mm cap when you’re going out to retail investors is a bit of a joke. Something is rotten here.