Finance
What Is a Valuation Cap?
A valuation cap is the maximum valuation at which a SAFE or convertible note will convert into equity, protecting investors from dilution if a startup
A valuation cap is the maximum valuation at which a SAFE or convertible note will convert into equity, protecting investors from dilution if a startup
A SAFE and a convertible note are two of the many different types of instruments that startups can use to raise capital. I work directly