A valuation cap sets a maximum valuation at which a SAFE or convertible note will convert into equity in the next round of financing.
Categories
Menu
Introducing a new platform for strategic growth
A valuation cap sets a maximum valuation at which a SAFE or convertible note will convert into equity in the next round of financing.
SAFEs allow startups to issue equity to investors at a future date, without an interest rate or set maturity date.