I had the same thoughts, though my co-founder and I had been looking for a clear explanation of this tricky topics for months before the movie. I'm glad it came

I had the same thoughts, though my co-founder and I had been looking for a clear explanation of this tricky topics for months before the movie. I'm glad it came out, pushed by popular culture or not. As for the factuality of the movie's dilution scene, as best I can tell the reduction in equity was somewhat less dramatic, but not that much. Instead of nearly a third of the company, Eduardo owned 7% according to several business blogs & Wikipedia (but no credible news sources, from which I can't find a citation about any number). This was reduced to less than a tenth of a percent, but later settled at about 5% (citation: http://bit.ly/aDms3t http://bit.ly/aDms3t) for what amounted to about 6 months of involvement.