Spreadsheet for Y Combinator’s Post-Money Safe (with Valuation Cap and Optional Pro Rata Rights)
Y Combinator's post-money Simple Agreement for Future Equity (Safe) is essentially a series of mathematical equations in the form of a legal document. My spreadsheet for Post-Money Safe with Valuation Cap (and Optional Pro Rata Rights) allows companies to test hypothetical future dilution scenarios (i.e., Series A financing and liquidity event) to measure projected Safe-caused dilution to founders and others. This spreadsheet is available for purchase in downloadable Excel format here. This spreadsheet allows testing of ...