David Rakusan ·
Pre-Money vs Post-Money Valuation: What Founders Actually Sign in 2026
Pre-money is what the company is worth before new capital lands. Post-money is what it is worth after. The difference decides how much of your company you keep. This guide walks through the math, the SAFE switch that quietly transferred dilution risk from investors to founders, and what investors actually see when they read your cap table at the seed stage.