Latest / The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why More Startups Are Choosing SAFE Notes Over Priced Rounds
Lucas and Luna drill into a question that every early-stage founder faces: priced round or SAFE note? Using Y Combinator's growing influence and the recent 85 million dollar Convective Capital fundraise as a backdrop, they explain why the SAFE has become the default for many startups in 2026. They break down the mechanics — valuation caps, discount rates, the 'most favored nation' clause — and walk through a concrete example: a hypothetical climate-tech founder raising 500,000 dollars. They also touch on how the current market, with late-stage companies like Palantir and Airbnb…
The skinny
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