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aliyeysides
on Oct 13, 2022
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Everything I wish I had known about raising a seed...
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
on Oct 13, 2022
[–]
No, 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.
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