This calculator helps you visualize how SAFE (Simple Agreement for Future Equity) notes convert to equity and impact your company's cap table under different scenarios. Input your company details and SAFE terms to see the results of both post-money and pre-money conversions.
Company Information
Company Name: Your Startup, Inc.
Existing Shares: 1,000,000
Option Pool: 10%
SAFE Note Details
SAFE Investment: $500,000
Valuation Cap: $3,000,000
Discount Rate: 20%
SAFE Type: Post-Money SAFE
Equity Financing Details
Triggering Event: Equity Financing Round
Pre-Money Valuation: $5,000,000
New Investment: $1,000,000
Post-Money SAFE Conversion
Conversion Price: $4.00 per share
SAFE Conversion Shares: 125,000
Total Post-Money Shares: 1,325,000
SAFE Investor Ownership: 9.4%
Pre-Money SAFE Conversion
Conversion Price: $2.40 per share
SAFE Conversion Shares: 208,333
Total Post-Money Shares: 1,408,333
SAFE Investor Ownership: 14.8%
Key Difference
The pre-money SAFE conversion results in 83,333 more shares (5.4% more ownership) for the SAFE investor compared to the post-money conversion.