Definition
SAFEs are the most common seed-stage instrument. They're not debt — they're warrants to buy shares in the next round. Key terms: valuation cap, discount rate, and most-favored-nation (MFN) clause. GitDealFlow tracks startups from their earliest signals — often before they've raised a SAFE.
Frequently Asked Questions
What's a typical SAFE valuation cap?
Seed SAFE caps typically range $5M-$20M depending on traction. Pre-seed SAFEs: $5-10M. Post-seed: $10-20M. GitDealFlow's engineering momentum data provides objective traction signals for cap negotiations.