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SAFEs and convertible notes<\/span><\/a> have become very popular in recent years, with many startups using them to conduct their initial fundraises. There are a number of reasons for this, including:\u00a0<\/span><\/p>\n Despite these benefits, many founders don\u2019t fully understand the terms or potential impact of notes or SAFEs until they convert in a priced round. These impacts\u2014such as additional <\/span>dilution<\/span><\/a> to a founder\u2014can be material, and unfortunately at that point their conversion terms are generally set in stone.<\/span><\/p>\n While notes and SAFEs <\/span>can be a great solution for founders, it’s important to understand the potential future impact before fundraising<\/span>. <\/span>That\u2019s why we\u2019re thrilled to debut the Carta <\/b>SAFE and convertible note calculator<\/b><\/a> today.\u00a0<\/b><\/p>\n Our SAFE and convertible note calculator will help you understand the potential dilutive impact of pre-money SAFEs, post-money SAFEs (aka YC SAFEs), and notes once they convert in a future priced round. You can set up your model in seconds and run as many scenarios as you\u2019d like\u2014all you need are a few inputs:<\/span><\/p>\n From there, the calculator will reveal a range of outcomes, modeling how ownership in your company may be distributed across a range of priced round valuations.<\/span><\/p>\n A few tips and tricks for using the calculator:<\/span><\/p>\n If you\u2019re preparing for your first note or SAFE financing round, consider joining Carta <\/span>Launch<\/span><\/a> (free for companies with up to $1M raised and up to 25 equity holders<\/span>) to set up your cap table. Launch will help you track all the notes and SAFEs you issue while providing you, your investors, and your counsel (if applicable) with visibility.<\/span><\/p>\n If you have any questions or feedback, need <\/span>help<\/span><\/a> getting started, or would like assistance finding counsel, please <\/span>contact us<\/span><\/a>.\u00a0<\/span>\u00a0<\/b><\/p>\n <\/p>\n <\/p>\n If you’re fundraising, check out our free SAFE and convertible note calculator to understand the potential future impact before they convert in a priced round.<\/p>\n","protected":false},"author":82,"featured_media":7150,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[19,10],"tags":[120,364,321,365,383,324,366,123],"acf":[],"_links":{"self":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts\/7137"}],"collection":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/users\/82"}],"replies":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/comments?post=7137"}],"version-history":[{"count":0,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts\/7137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/media\/7150"}],"wp:attachment":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/media?parent=7137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/categories?post=7137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/tags?post=7137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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Free SAFE and convertible note calculator<\/span><\/h3>\n
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![\"\"](\"https:\/\/www-staging.carta.com\/sg\/wp-content\/uploads\/sites\/9\/2020\/06\/SAFE-and-note-CTA.png\" "\\"\\"")
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![\"safes](\"https:\/\/www-staging.carta.com\/sg\/wp-content\/uploads\/sites\/9\/2020\/06\/Safe_v2.png\" "\\"\\"")
<\/p>\nDISCLOSURE: This publication contains general information only and eShares, Inc. dba Carta, Inc. (\u201cCarta\u201d) is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services.\u00a0 This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests.\u00a0 Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor.\u00a0 This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.<\/h6>\n","protected":false},"excerpt":{"rendered":"