YC-Safe Is Tricky for Founders

@MFN_SAFE · 1m I have a free document on pre-seed funding at the above link which goes over the following issue. Plus fundraising strategies. If your first SAFE was $4.9M PRE + $100K invest == $5M POST & then raise $900K (even at a $1B val), the 1st SAFE pre-money valuation decreases by $900K to $4M!!!