SAFE Genie
A calculator for exploring the impact of SAFEs and convertible notes on founder ownership.
Basic Cap Table
SAFEs and Notes
Represents ownership immediately after conversion, before the option pool increase and Series A investment
| [[compHasOnlySafe ? 'SAFE Type' : 'Type']] | Principal | Valuation Cap | Discount | Pro-rata | Pro-rata Amount | Share Price | Converted Shares | Ownership after Conversion | Ownership after Round | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| [[ instrument.typeText ]] | $[[ instrument.principal | number: 0 ]] | $[[ instrument.valuation_cap | number: 0 ]] | [[ instrument.noteDiscount ]]% |
[[ (instrument.pro_rata) ? 'Yes' : 'No' ]]
|
$[[ instrument.pro_rata_price | number:2 ]] | $[[ instrument.share_price | number:5 ]] $[[ 0 | number:5 ]] | [[ instrument.shares | number:0 ]] | [[ instrument.ownership * 100 | number:2 ]]% 0% | [[ instrument.ownershipAfterRound * 100 | number:2 ]]% | ||
| $[[ totalInstrumentPrincipal | number:0 ]] | [[ totalInstrumentShares | number:0 ]] | [[ totalInstrumentOwnership * 100 | number:2 ]]% | [[ totalOwnershipAfterRound * 100| number:2 ]]% | ||||||||
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Add SAFE
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| Type | Principal (incl. Interest) | Valuation Cap | Discount | Share Price | Converted Shares | Ownership | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| [[ instrument.typeText ]] | $[[ (instrument.principal + instrument.effectiveInterest) | number: 2 ]] | $[[ instrument.valuation_cap | number: 0 ]] | [[ instrument.noteDiscount ]]% | $[[ instrument.share_price | number:5 ]] $[[ 0 | number:5 ]] | [[ instrument.shares | number:0 ]] | [[ instrument.ownership | number:2 ]]% | |||||
| $[[ totalInstrumentPrincipal | number:0 ]] | [[ totalInstrumentShares | number:0 ]] | [[ totalInstrumentOwnership | number:2 ]]% | |||||||||
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[[ addInstrumentLabel ]]
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Ownership
Ownership after converting instruments to stock, setting up a new stock plan and closing your new investment round
Price per share
$[[ roundSharePrice | number:5 ]]
Convertible holders
[[ percentage((totalInstrumentShares) / postmoney_shares) ]]
Convertible holders
[[ percentage((ycShares + nonYcShares) / postmoney_shares) ]]
[[ newMoneyText ]]
[[ percentage(investorShares / postmoney_shares) ]]
Your Ownership
[[ currentUserOwnership | number:2 ]]%
Dilution
[[ percentageDilution | number:2 ]]%
Value of your shares
$[[ premoney_value | number:0 ]]
Share distribution after Series A: [[postmoney_shares | number]] shares
Cumulative
Relative
Ownership For a Range of Valuations
Pre-Money Valuation
"If we can't put the genie back in the bottle, we can at least bottle it up a bit better." -- Fred Wilson