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And get any agreement in writing if you are going to wait till next funding round you should say you want a multiplier ie pay me x now or x +50% in 6 months x
by spacecowboy_lon 11y ago
And get any agreement in writing if you are going to wait till next funding round you should say you want a multiplier ie pay me x now or x +50% in 6 months x +100% in a year.
- acjohnson55 11y agoWhat do you mean by a multiplier? Why not just cash out at the valuation established in the funding round?
- spacecowboy_lon 11y agoPayment for the extra risk and to take account of the time value of money e.g. $1000 now is worth more than $1000 in a years time.