A badge for Product Hunt Product of the day
Beginner Bank nav grid - stack of gold bricks
MFN SAFE
Beginner – A Venture Studio
Close button
Studio
Strategy
App
Process
Pricing
Calculator
MFN SAFE
Warrants
Case Studies
Automotive
Healthcare
Banking
Company
About
FAQs
Contact
Press
Legal
Community
Blog
Product Hunt
Discord
Slack
Twitter
LinkedIn
© 2025 Beginner. All rights reserved.
MFN

SAFE

Optimized for startups
Predictable equity costs
Investor protection (MFN)
Valuation flexibility (SAFE)
Transparent conversion
Scaleable financing
No collateral; Not a loan
Pioneered by Y Combinator
Equity exchange For private companies
Pay 50% less for your Statement of Work (SoW) and exchange it for 2x equity in an MFN SAFE.
Sample calculation below
Phase 1

Brand Development

We will develop a comprehensive brand system to scale your business

Identity

You will get a category-leading symbol or wordmark you can trademark

Animation

You will get an animated logo for web, ad, and product use

Ad Creative

You will get a branded ad campaign for digital marketing

Waitlist

You will get a one page website for early adapters to sign up
Offer: Operational Investment
SoW Savings

50% Less

Formula:
× 2 Multiple
= MFN SAFE Amount ($1.6M)  
Conversion Event:
MFN SAFE Amount ($1.6M)
÷ Qualifying Price per Share (PPS)
= # Shares
- 50% of Cash Financed ($800K)
Baseline Multiple
Equity Exchange

2x MFN SAFE

Monthly vesting, as we complete these deliverables:
Timeline: 52 Weeks (12 Months)
Team: PM, TPM, Designers, Engineers
Documentation: PRD, Roadmap, Architecture, Data Model 
Design: Screens, Flows, Interactions, Components, Variants, Tokens 
Engineering: High-lift (12), Medium-lift (52), Low-lift (260) Issues
Releases: Monthly (12), Weekly (52), Daily (260)
Ship: V1 (0.1 — 1.0) or V-Next (1.1 — 2.0), etc.
Security: Industry Standards (2FA, SOC 2, GDPR)
Meetings: Scheduled Calls (1/week)
Collaboration: Unscheduled Calls (Ad-hoc)
In this example, you pay $800K less in exchange for $1.6M in an MFN SAFE
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Delivery Summary
Calculator