26%
Prognozowany udział w pełni elektrycznych pojazdów (BEV, bez hybryd) w europejskim parku samochodowym do 2035 roku, w porównaniu z 4% w 2025 r.
BCG2035Europe
A simple agreement under which funds are converted into equity only at a future funding round—typically with a valuation cap or discount.
Why it matters
Enables quick acceptance of early-stage funding without setting a valuation, which would be speculative at this stage anyway.
What's missing without it
Without such an instrument, every small investment would require a full funding round with valuation and notary involvement.
When it is used
At pre-seed and seed stages, before the first formal funding round.
How we use it
SAFE for 500,000 PLN with a 6 million PLN valuation cap and 20% discount.
Fun fact
Invented at Y Combinator in 2013 to fit the entire investment agreement on five pages. Previously, such negotiations took a month.
Numbers worth knowing
Startups in data
1.7%
Prognozowany średnioroczny wzrost (CAGR) europejskiego rynku aftermarket do 2035 roku.
BCG2024Europe
116 000 000 000 EUR
Prognozowana wartość europejskiego rynku aftermarket w 2035 roku, w porównaniu z 99 mld EUR w 2025 r. (na poziomie hurtowym, bez robocizny).
BCG2035Europe
Figures from the same field — collected in our market data base.