Can you elaborate on this? Someone told me about this once but it seemed like a minuscule difference in dilution.
Let's say I raised two rounds on post-money SAFEs, selling 10% of the company each round for 20% total.
What the dilution difference when selling the same amount of equity on stacked pre-money SAFEs?
100 sats \ 0 replies \ @k00b OP 9 Feb
Found the old thread I was sent for all the sports fans out there. The nut of it all:
Afaict you get exactly the dilution you thought you would ... past rounds just aren't diluted as you stack SAFEs. I guess those darn early investors shouldn't get what they are sold and hope their founder doesn't continue to raise on pre-money SAFEs?
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