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Does someone know what the equity of the founders looks like in these ultra-funded companies? Do they still own a significant part of their business? Is it more
by cocoflunchy 11y ago
Does someone know what the equity of the founders looks like in these ultra-funded companies? Do they still own a significant part of their business? Is it more like 5%? 10%? 30%? 50%? (doubt it)
- deleted 11y ago[deleted]
- tdylan 11y agoGiven that they have three founders (assuming initial 33/33/33) as well as their 6 rounds of funding. Founders probably have ~3-6% each.
- cocoflunchy 11y agoSo that would be like $40-$80M at current valuation... and not much control unless they have some kind of preferred shares.