3 ms·
What better deal? This turns into an extra $150k of investment in any future deal you get. If someone takes this and then Sequoia knocks on their door the next
by jackowayed 16y ago
What better deal? This turns into an extra $150k of investment in any future deal you get.
If someone takes this and then Sequoia knocks on their door the next day offering them $20M at a $100M valuation, the fact that they took this deal just means that they get $20M+$150k at a $100M valuation.