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A comment on Ask HN: How does a cash acquistion with SAFEs work?.
A gets $60000 which is 10% due to cap.
B is below cap so gets $50k worth of shares in the pile of cash. Or $50k if you like.
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A gets $60000 which is 10% due to cap.
B is below cap so gets $50k worth of shares in the pile of cash. Or $50k if you like.