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Given what you know, would you do it again? My main thinking is that it's simply easier to reason about, especially when discussing the value of shares with no
by amorphid 10y ago
Given what you know, would you do it again? My main thinking is that it's simply easier to reason about, especially when discussing the value of shares with non-investors.
- jkarneges 10y agoI wouldn't preallocate for investors. It's too unpredictable. Employees, sure. Is it that you want to be able to say to your team members, "you have X% in the worst case" ? I don't think it's practical to make such a statement if you're going down a fundraising path. At best you might be able give a near term worst case, based on the next round or two (e.g. apply the high side of Sam's seed/A dilution ranges). It's all guesswork though, and even with a preallocation you might need to exceed it.