YC SAFE Genie

A calculator for exploring the impact of SAFEs on founder ownership (YC exclusive).

Basic Cap Table

SAFEs issued before YCVC converts on a pre-money basis

Principal Valuation Cap Converted Value Ownership
$[[ safe.convertedDollarValue | number:0 ]] [[ safe.ownership | number:2 ]]%
$[[ pre_ycvc_principal | number:0 ]]     $[[ pre_ycvc_convertedDollarValue | number:0 ]] [[ pre_ycvc_ownership | number:2 ]]%  
Add SAFE

YCVC SAFE non standard conversion

Principal Valuation Cap Converted Value Ownership
$[[ ycvc_safe.convertedDollarValue | number:0 ]] [[ ycvcsafe.ownership | number:2 ]]%

SAFEs issued after YCVC converts on a pre-money basis

Principal Valuation Cap Converted Value Ownership
$[[ safe.convertedDollarValue | number:0 ]] [[ safe.ownership | number:2 ]]%
$[[ post_ycvc_principal | number:0 ]]     $[[ post_ycvc_convertedDollarValue | number:0 ]] [[ post_ycvc_ownership | number:2 ]]%  
Add SAFE

Series A Goals

[[ errorMessage ]]
Option Pool is required

Resulting Ownership after Series A

Y Combinator
[[ total_yc_ownership | number:2 ]]%
Non-YCVC SAFE Holders
[[ converted_instruments_shares / postmoney_shares * 100 | number:2 ]]%
Series A Investors
[[ investor_shares / postmoney_shares * 100 | number:2 ]]%
Your Ownership
[[ premoney_share_ownership / postmoney_shares * 100 | number:2 ]]%
Your Dilution
[[ percentageDilution | number:2 ]]%
Value of your shares
$[[ prorata_value | number:0 ]]
Share distribution after Series A: [[postmoney_shares | number]] shares

Resulting Ownership for a range of valuations at Series A
Click on the graph to change the pre-money valuation amount
Cumulative Relative

Pre-Money Valuation
[[detailedCalculationsLabel]]

Pre-money shares

 
 
Pre-money outstanding shares
 
[[ premoney_shares_outstanding | number ]]
Options (post-money option pool options - already issued options)
+
[[ postmoney_option_pool_shares | number ]] - [[ premoney_options_available | number ]]
Non-YCVC SAFEs upon conversion
+
[[ converted_instruments_shares | number ]]
YCVC SAFE converted number of shares
+
[[ ycvc_safe.convertedValue | number ]]
Total pre-money shares
=
[[ premoney_shares_denominator | number ]] shares

Share Price & Pre-money Valuation

 
 
Pre-money valuation
 
$[[ premoney_valuation | number ]]
Total pre-money shares
/
[[ premoney_shares_denominator | number ]] shares
Share price
=
$[[ share_price | number:5 ]] / share

Series A Investment

 
 
New capital invested by YCC in this round based on pro-rata rights
 
$[[ ycc_value | number ]]
New capital invested by other investors in this round
+
$[[ investor_value | number ]]
Total new capital invested in this round
=
$[[ money_raised | number ]]
Share price
/
$[[ share_price | number:5 ]] / share
Total shares issued to Series A investors
=
[[ investor_shares + ycc_shares | number ]] shares
"If we can't put the genie back in the bottle, we can at least bottle it up a bit better." -- Fred Wilson