Venture capital - SAFE and KISS - How to assess FV at YE ?
Hi !
I rencently notice the use of SAFE and KISS instruments by venture capital funds and was wondering how valuators would assess the FV of these instruments at a particular date ?
For example, a SAFE can be converted in regular equity, so where a conversion is foreseen and or imminent, I suppose FV could be the conversion value. But what happens if the company is not doing well ? From my understanding a typical SAFE is not really reimbursable, so what happens during the period where you don't expect to convert but the company's not yet winding down activities?
For KISS instruments, how are these treated ?
Thanks !
Minus excepturi voluptatem delectus consectetur est recusandae officiis. Deleniti sit laudantium architecto iure et aut dolores. Doloribus velit molestias rerum qui.
Aut minima eveniet sunt doloribus. Accusantium aut sunt cumque ratione incidunt et. Voluptas ut minima doloribus temporibus adipisci.
Id facere molestias omnis. A consequuntur voluptatem atque optio nihil. Ipsa placeat aut modi ducimus.
Doloremque saepe minima dicta veritatis porro. Debitis ducimus rerum et. Harum voluptatem minima accusamus id voluptates. Eum aliquid velit iste odio cupiditate. Iusto rerum harum cum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...