Define: Safe Price
the price per share equal to the Post-Money Valuation Cap divided by the Company Capitalization.
the price per share equal to the Post-Money Valuation Cap divided by the Company Capitalization.
Relevant Circumstances
- When a SAFE converts into shares at a price tied to the valuation cap
- If founders need certainty over the share price an investor will pay on conversion
- Where the conversion mechanic depends on a defined post-money calculation