3 ms·
6 rounds of 20% dilution will get you to 74% total dilution from the initial grant.
by eanzenberg 8y ago
6 rounds of 20% dilution will get you to 74% total dilution from the initial grant.
- Zephyr314 8y agoWhich in this case nets you >$1M [0] vs the 80k quoted above. This also assumes no retention grants over 6 rounds. [0]: 0.02*0.8^6*$200,000,000 = $1,048,576