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Understanding Safes and Priced Equity Rounds by Kirsty Nathoo

Startup School by Y Combinator

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Is the Cap Higher Than the Priced Round?

In the current environment, it's pretty unlikely that e people raise price rounds at lower valuations than their safes. And so because that priced round price is different, these numbers will go upum, eoe, on ot. So if its, if it's only a little bit different, then ye, maybe instead of 15 %, if sold 16 %, let's say. But i its, if the delta's really big, then it could go up but again, i it's something to be aware of.

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