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Everybody doing startups should pick up and read Venture Deals. It explains the various tiers of stock well. PS the last VCs who funded us have a 2x preference
by smallerfish 5y ago
Everybody doing startups should pick up and read Venture Deals. It explains the various tiers of stock well.
PS the last VCs who funded us have a 2x preference (we were out of options and it was the only money on the table.) In retrospect we should have just shut down and gotten a few years of our lives back.