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I am curious why he says that VCs don't want to invest in a company in which the angels diluted the investor too much. Why should this matter to the VC?
by bravura 17y ago
I am curious why he says that VCs don't want to invest in a company in which the angels diluted the investor too much. Why should this matter to the VC?
- Daniel_Newby 17y agoBecause there will not be enough equity left to give proper incentives to founders and early employees.