Glossary

Post-money SAFE

The current YC SAFE, where the investor’s percentage is fixed at amount divided by cap before the priced round.

Introduced in 2018. Because the cap is post-money, every SAFE dilutes the founders, not later SAFE investors, and founders can see exactly how much they have sold. Most SAFEs signed today are post-money.

Related free tool

Learn the words, then get the score.

A free Founder Starter account gives you SeedScope’s startup score, a risk assessment and a summary, and puts your profile in front of investors. Founder Pro adds the full valuation, exit odds and the investors who viewed you, by name.