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Nice tool, but if your goal is to help people understand, some more information in the UI would be nice; I can click "add safe" - what does that mean?


I don't know any funding terms, so the UI is very confusing for me.

I don't understand what Val(post) is, what 10% options actually means (who gets the options?) what "Other pro-rata" means, etc.


SAFE: Simple Agreement for Future Equity

TL;DR: A really simple funding contract.

Developed at YC, often used by YC companies. Investor gives money now and, in the future, gets a discount on the company's shares or pays a lower price when the startup does well.

https://www.youtube.com/watch?v=zBUhQPPS9AY&t=15m35s




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