What makes a financing a priced equity round?

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  1. It sells equity at a set valuation and price
  2. It converts later at a capped valuation
  3. It is a loan that must be repaid

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References

  1. SAFE vs. convertible note vs. priced round www.ycombinator.com/safe/safe-vs-convertible-note Checked 2026-10-11.

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