Plain words
What you get,
explained.
One sentence describes the whole deal. Here it is, taken apart piece by piece, so you know exactly what you are signing before you sign it.
The sentence · tap any part
You invest now. You get shares later, when MOZGII raises its next big round or is sold, at a price based on today's $8,000,000 value.
“You invest now”
You send money to MOZGII, Inc. by bank wire and sign one document called a SAFE, a Simple Agreement for Future Equity. It is a standard startup document, the same one Y Combinator companies use. You read all of it before any money moves.
“At a price based on today's $8,000,000 value”
This is the part that rewards you for being early. The $8,000,000 is called a valuation cap: however high MOZGII's price is in that future round, your shares are priced as if the company were worth $8,000,000.
Say you invest $25,000 today. Pick what the company is worth when new investors buy in:
Your shares are priced from the $8,000,000 cap, so your $25,000 buys 2× as many shares as theirs.
Illustrative share counts. Real numbers depend on the round's terms and dilution.
You get
- A signed SAFE with MOZGII, Inc.
- Shares at conversion, priced from the $8M cap
- A payout or shares if the company is sold first
You do not get today
- Shares yet. They come at conversion.
- Dividends, interest or monthly payments.
- Voting rights or a say in daily decisions.
- An easy exit. A SAFE cannot be sold like a stock; the money is locked until conversion or a sale, which may take years or never happen.
Startups fail more often than they succeed.
MOZGII may run out of money, may never raise again, may never be sold, or may be sold for less than hoped. In those cases your investment can lose most or all of its value. Invest only money you can afford to lose completely.
Verified accredited investors only.
In the United States, that generally means a person earning $200,000+ a year ($300,000 with a spouse) or holding $1,000,000+ in net worth outside their home. Verification takes about five minutes and is a normal part of every round like this.
Still have questions?
Read the SAFE itself before signing. Every rule above is written there in full legal form, and the document always wins over any summary, including this page. For neutral definitions, the U.S. regulator keeps a public glossary at investor.gov.
Please read this. This page explains the founder's own round in plain words. It is not investment, legal, or tax advice, and it is not an offer; any offer is made only through the offering page and the signed documents, to verified accredited investors, under Rule 506(c) of Regulation D. Investing in startups involves substantial risk, including the loss of your entire investment.