Zack KanterVerified account

if you are already presenting alternative valuations, not sure the SAFE mechanics will make much difference when you get down to the option level that cannot be reasonably assumed away. (especially when compared to NO information)

Give a range. Posit: not about technicals but about founders being uncomfortable with the data and therefore fearful of sharing

Even with more robust convertible notes, still often ambiguity as to exactly how much everyone ones. Founders will often expect one interpretation of language and when new lead investor comes in... *surprise* they own a lot less than they thought.

Zero. It’s zero.

Agree re: access to the cap table, but why not spend the time to explain to them the ways in which it might change and the triggers that would cause those changes? IMO most candidates that one wants to hire are smart enough to have an honest and transparent discussion about it

As with all things startup, it's binary - you either have a home run success or you don't. If you do, terms don't really matter all that much, if you don't, you're fighting over scraps.

And also that more information is not always better. Startups move fast. Interviewees don't want to trip up and ask these questions. Founders/HR don't really know. Adds friction to conversation. All sounds trivial but truth.