This is interesting, specifically the outstanding convertible notes. If the six year vesting is meant to communicate their company priorities, the over 30% (min

This is interesting, specifically the outstanding convertible notes. If the six year vesting is meant to communicate their company priorities, the over 30% (minimum, based on Series A) of the company owned by investors does too. > $175,000 was raised on notes with a cap of $5m > > $1,683,555 was raised on notes with a cap of $6m For the first set of notes, that is a minimum of 3.5% of the company. For the second set of notes, that is a minimum of 28% of the company. So for a pre-Series A company, you already have nearly a third of the company owned by investors. That percentage is only going to go higher in the future. If I'm an employee, I'd better hope my shares won't be diluted 30% in all future rounds.