mymint.com cost $3,000; mint.com cost $181k in Series A equity: "They offered him [previous owner of mint.com] equity in the company's Series A funding round r

mymint.com cost $3,000; mint.com cost $181k in Series A equity: "They offered him [previous owner of mint.com] equity in the company's Series A funding round rather than a cash payment, and assured him that he'd be the only New York financier they'd let in."[0] "I said, “I will give you $181 thousand in Series A equity. If we do well, you’ll get an asymmetric upside. If we go bankrupt, you’ll be in the situation as a preferred investor to get your money out first. I won’t let anyone else from New York into this round of financing"[1] [0]: http://news.cnet.com/8301-13577_3-10457870-36.html http://news.cnet.com/8301-13577_3-10457870-36.html [1]: http://thinkvitamin.com/asides/aaron-patzer-on-how-to-take-your-start-up-to-the-next-level/ http://thinkvitamin.com/asides/aaron-patzer-on-how-to-take-y...