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Understanding Safes and Priced Equity Rounds by Kirsty Nathoo

Startup School by Y Combinator

CHAPTER

Post Money Safes

At this stage, it's just the founders who are the existing shareholderstefe sote. As you'll seein a mo erm, you actually create new shares that you're going to issue to these, these safeholders when they convert em. The question is, does it make sense to have shares authorized but oney shoed? E, so at this stage,. it doesn't necessarily make a difference. Why dyout post money o issu? Is everyone happy with how we've got that 15 %? Yes.

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