News for hackers. Stuff that matters.

A comment on The Age of PageRank Is Over. Parent comment

Re:The Age of PageRank Is Over by lmeyerov on Wednesday November 09, 2022 @07:05PM (#33540138)
Going public is a qualified event for a SAFE to convert -- it is a financing -- but curious about the dividends

SAFEs are often capped, so taking awhile doesn't matter so much, except maybe interest calcs

[ Parent | on HN ]
Re:The Age of PageRank Is Over by freediver on Wednesday November 09, 2022 @08:13PM (#33540816)
If a company is doing sustainably well, supposedly you could have a mutually agreeable mechanism to convert SAFEs to equity (at cap for example) and treat shaleholders with dividends.
[ Parent | on HN ]