Safe Glossary

Browse 2 safe terms defined in plain English, from the cultural dictionary of computing.

2 Safe Terms

SAFE Convertible Note: A SAFE-style early-stage financing instrument that behaves like a future-conversion claim rather than immediate priced equity, used to raise money before a...
Valuation Cap: A maximum valuation used in instruments like SAFEs or convertible notes to determine the price at which an early investor converts into equity. A lower cap...