We don’t directly model most-favored-nation (MFN) on our fundraising modeler quite yet. A MFN clause means that the investor gets the most favorable terms. For now, the way to mimic this on Pulley is to directly give that investor those terms on the modeling tool.

For example: Investor A puts in funding at an $11m valuation and has the MFN clause. Investor B later invests on a $8m valuation. To mimic the MFN, give investor A’s SAFE an $8m valuation.

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