How to understand the YC SAFE and dilution | Ep 35 | Uncapped Notes

On Hustle FundHosted by Hustle Fund202417 min
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What this teaches

Hustle Fund explains the YC SAFE and dilution with worked examples: post-money caps, stacking, and the cap table founders actually end up with.

Why it matters

Practical SAFE math companion to the YC explainer, from the investor side.

Key lessons

  • Model total SAFE dilution before each new signature
  • Post-money SAFEs shift dilution risk entirely to founders

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