Convertible Loans and SAFEs: Later Impact on Cap Table

What convertible instruments really do to your cap table once they convert. We walk through how convertible loans and SAFEs sit on your structure before a priced round, what triggers conversion, and how discounts, caps, and interest change everyone's ownership when the round finally lands.

What you'll learn

• How convertible loans and SAFEs differ, and where each fits before a priced round.
• What conversion actually does to your fully-diluted cap table, step by step.
• How caps, discounts, and interest reshape founder and employee ownership at conversion.
• What to track now so conversion holds no surprises later.

Who should attend

Founders, CFOs, and finance teams preparing for or already holding convertible instruments ahead of a priced round.