4 ms·
Giving up 30% of your company seems like a lot to me but I'm sure there will be plenty of takers. The maximum funding you can get in return is fairly high (at l
by bobds 16y ago
Giving up 30% of your company seems like a lot to me but I'm sure there will be plenty of takers. The maximum funding you can get in return is fairly high (at least compared to YC):
91,000 euros - single founder
141,000 euros - two founders
191,000 euros - three founders
- nivertech 16y agoThe formula is: FundingAmount = €41K + NumFounders * €50K
- alain94040 16y agoMy concern is that the 30% will be rejected by VCs when doing your first round, and will force you to recapitalize to something more reasonable for the founders. At least that's what good VCs in the US would do, but this being Europe, who knows.