4 ms·
My inclination is that for most 1st Time founders, the 7% in dilution you give up is immediately gained back with a better valuation in the subsequent round. Th
by mathattack 6y ago
My inclination is that for most 1st Time founders, the 7% in dilution you give up is immediately gained back with a better valuation in the subsequent round. There are also other benefits to the Halo - recruiting, credibility with customers, peer network, etc. And.... You may learn something.
- drodio 6y agoI’m a 4th time founder (but first through YC) and also found it to be very valuable. We spent too much time coding behind closed doors in previous startups.