The Discount Rate is defined at the top of the SAFE, and usually something like 80%. If the startup’s valuation at the Series A is lower than the Valuation Cap, the Safe Investors will be paying for their Series A shares at the Discount Price (the Series A price multiples by Discount Rate).

25 Aug 2016 Index trackers have seen a surge in popularity as investors ditch So let's say there are two funds that both track the FTSE All-Share index: Fund A and As a general rule, the funds with the lowest tracking error are the best,  25 Jun 2019 Usually, though not always, these coincide with the best-known brand It's the same story in the US where the Dow Jones index gets all the news of actual physically held stocks in an index versus those funds where there 

All the latest news about Pound Sterling (GBP) from the BBC. GBP/USD - Today's data summary The pound has climbed 0.64% to $1.3011 against the dollar today and 0.38% to €1.1958 against the euro. to travel into Europe during the February half-term holiday are getting an extra boost from the value of the pound. Convert from British Pound (GBP) to U.S. Dollar (USD) and vice versa. Historical exchange rates and charts.