3 ms·
I understand the person is bitter, but owning 2% of a failed company that sells for scraps doesn’t net you anything. Remember when you raise money, that’s not
by boublepop 6y ago
I understand the person is bitter, but owning 2% of a failed company that sells for scraps doesn’t net you anything.
Remember when you raise money, that’s not just free money that you suddenly own a percentage of. Unless you manage to make the company worth more than the investments put into the company you don’t get anything, no matter how much the company sells for.
That’s both reasonable and should be expected.