The $375,000 is on an uncapped safe with “Most Favored Nation” (MFN) terms. MFN means that this safe will take on the terms of the lowest cap safe (or other most favorable terms) that is issued between the start of the batch and the next equity round. Simply put, we’re giving the company money now but at terms you’ll negotiate with future investors.
@kyrillic как работает механизм с $375k с MFN? Когда YC приходит с покупкой доли за свои 375?
Сам спросил и сам нашёл :|
The $375,000 is on an uncapped safe with “Most Favored Nation” (MFN) terms. MFN means that this safe will take on the terms of the lowest cap safe (or other most favorable terms) that is issued between the start of the batch and the next equity round. Simply put, we’re giving the company money now but at terms you’ll negotiate with future investors.