Does a post money SAFE got diluted with the Series A?

Asked by:
Community Member
Mar 14, 2024
I would like to know the step-by-step process.


I invested in the pre-seed round via a post-money SAFE of $100k at a $1M post-money CAP valuation. The startup reached Series A and raised $5M at a 50M valuation.

How much company participation do I owe after the Serires A transaction is closed? 10%?

Do I have the same preferred stocks that the company issued for the Series A investor(s)?
1 answer
Accepted Answer
May 04, 2024
There are a lot of factors at play here. For example, if the company raised an additional SAFE after your investment, the dilution scenario will be different. It also depends on the terms of the Series A. Consider using this Cap Table and Waterfall tool to runs some scenarios: https://foresight.is/cap-table/

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