A post-money SAFE sells the holder a fixed share of the company before the round. A pre-money SAFE or note converts at a price set by its cap, and pre-money instruments dilute each other.
03 The priced round they convert into
Unallocated pool after the round 15%0%30%Topped up inside the pre-money
What it returns
Common holds
n/a
Post-money
n/a
Total in
n/a
The detail behind itOwnership before the SAFEs and after the round