Guys I noticed the SAFE template has the 1) *Fund* [Name of Fund] a [Delaware Limited Partnership] as well as the investment amount. My questions are: 1 - as I don't have the fund yet shall I add it to my personal information at this stage? 2 - on the investment amount do I need to mention *now* the committed capital once fund is closed or I can just have the option to invest X amount upon final evaluation? (given the fact I won't have enough time for Due Diligence etc etc). 3 - Is it always better for the fund and for the LPs to sign a SAFE agreement at a post-money valuation? As I have been researching here looks like the conversion is higher on equity to investors at post-money.
Accepted Answer
May 03, 2023
If you are going to make a personal investment, you can use it. If your plan is to invest from the fund, you can't because you don't have a fund.