SAFE MFN No Cap No Discount

Description

This SAFE (simple agreement for future equity) contract is designed for an agreement without a valuation cap, and no discount rate.

Credit: YCombinator

8 Min. Read
Access Resource

About the Founder's Playbook

The Founder's Playbook was developed by Cyclotron Road and its partners to be the go-to knowledge repository for hard tech innovators and entrepreneurs. Cyclotron Road, along with the community of educational partners and practitioners below, will serve as a living laboratory for these resources, continually bulding upon and refining the content contained within based on their day-to-day engagement with leading hard tech innovators and entrepreneurs.The creation of this site has been made possible thanks to a grant from the California Energy Commission.

Join the Community

Want to use the playbook?

The Founder's Playbook is an open access resource offered under creative commons license. You can access the Playbook on this site, or create your own version via Github. See restrictions of use here

Have a resource to suggest? Click here

Send us feedback here

The Founder's Playbook Community

Founding Partners & Playbook Curators
  • Cyclotron Road
  • MH
Contributing Partners
  • California Energy Commission
  • Breakthrough Energy
  • Lawrence Berkeley National Laboratory
  • Activate

Cyclotron Road is a partnership between Lawrence Berkeley National Laboratory and Activate