Is a priced round below the SAFE valuation cap bad?

[Albert]

Is a priced round below the SAFE valuation cap bad?

If the valuation cap on a post-money SAFE is 20M (assume 2M raise, 15% discount rate), and then the priced round raises 15M with a post-money valuation of 30M. Is this bad for the SAFE investor because the priced round came in lower than the SAFE round? Is there enough information to calculate the new valuation for the SAFE investor, or a hypothetical number of shares (understand that we'd have to make some assumptions on option shares, total shares, etc)?

submitted by /u/graydoor00
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