4 ms·
1x is fair as long as everyone knows what's going on and what is expected. Especially for later investments, when less risk might be expected. I don't know how
by sabj 16y ago
1x is fair as long as everyone knows what's going on and what is expected. Especially for later investments, when less risk might be expected. I don't know how common higher preferences are, but they often seem... more unsavory, shall we say.