|
|
|
|
|
|
by hobbyjogger
3757 days ago
|
|
|
They might not like it (especially if there's a large effective discount), but that's not why. If you raise a next round the SAFE never gets paid off - it converts into equity in the round. None of the equity investors' money is at risk of being used to pay off the SAFE. |
|
|