3 ms·
The lowest amount of "XX,000,000" is $10MM, which at 5% is $500,000. So yeah, less than 1/3.
by rhizome 9y ago
The lowest amount of "XX,000,000" is $10MM, which at 5% is $500,000. So yeah, less than 1/3.
- ScottBurson 9y agoWe don't know whether that's pre- or post-money (I'm not sure the OP is even clear on the difference). What we need here is the pre-money valuation, which could be quite low.