$125k is for 7%. The other $375k SAFE causes extra dilution when next round or sale occurs.
> Ivy League school comparison
One difference: Harvard graduates 98%, but YC founder’s success rate is say 33% - http://paulgraham.com/die.html - and actual financial success is power law (average $ returns good, median return for founder rounds to $0). Edit: https://jaredheyman.medium.com/on-the-life-and-death-of-y-co...
$125k is for 7%. The other $375k SAFE causes extra dilution when next round or sale occurs.
> Ivy League school comparison
One difference: Harvard graduates 98%, but YC founder’s success rate is say 33% - http://paulgraham.com/die.html - and actual financial success is power law (average $ returns good, median return for founder rounds to $0). Edit: https://jaredheyman.medium.com/on-the-life-and-death-of-y-co...