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That's 6% [6% of the company stock] before dilution. Depending on the type of stock, you can end up with squat [.0001% of the company] when the money actually
by chrisbennet 15y ago
That's 6% [6% of the company stock] before dilution.
Depending on the type of stock, you can end up with squat [.0001% of the company] when the money actually comes in.
If it really was/is a cofounder position, wouldn't your equity would be comparable in % and type/preference to that of the other cofounder(s)?