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There is an alternative: The investors buy up 99.99% of the company for $500k at a $1 premoney, and then give out 75% of the company to current management in o
by inputcoffee 9y ago
There is an alternative:
The investors buy up 99.99% of the company for $500k at a $1 premoney, and then give out 75% of the company to current management in order to incentivize them to stay.
I am using extreme numbers here to make the point, but current management almost always gets a carve out.