Startup fundraising mechanics: venture rounds, SAFEs and convertible notes
What changes hands in a funding round, in what form, and what each clause does to who owns what. Mechanics only: nothing here tells you whether to raise.
| Page | The answer in one line | Words |
|---|---|---|
| How venture rounds work: seed to exit, step by step | How a startup funding round works: who invests at each stage, SAFEs and convertible notes, the Series A paperwork, investor rights and the ways a company exits. | 3,842 |
| SAFE notes: how they work, convert and what they risk | A SAFE is a contract for shares later, not a loan: how the valuation cap sets ownership, when it converts, how it differs from a note, and the risks. | 3,438 |
| Convertible notes: how they work, terms and example | How a startup convertible note works: interest, maturity, discount, valuation cap, what happens if the company fails, plus a worked example and SEC-filed terms. | 2,325 |
| 3 pages in this section | 9,605 | |