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You've done this, and I haven't. But I thought you just diluted every round - so that 28% would end up as 21% if you sold a further 25% of the company.
by angus-prune 9y ago
You've done this, and I haven't. But I thought you just diluted every round - so that 28% would end up as 21% if you sold a further 25% of the company.
- austenallred 9y agoYes there's dilution, but ~50% of the company being gone after a couple million dollars raised is not a good thing