SAFE Modeling Tool question
While progressing through the steps of entering information into the SAFE modeling tool, I noted that it eventually asks for details of a priced round (cash in, valuation, option pool). At that point in the process it was unclear to me whether the requested information was for the last (existing) priced round or the future (next) priced round.
As I moved further through the process it became clear that the requested information is indeed for the next priced round, the terms of which will control the SAFE conversion. In hindsight it was obvious ('Always forward!').
Thanks to the Carta support team for the quick response!
Also: It’d be nice if there was a way to pre-review the YC and Carta SAFE templates without having to work the process to build a dummy set of SAFE investors in the Issue Equity tool to generate a dummy set of docs. Context is: I’d like to compare the versions before working through the process of building up the set.