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you got a mistake with your math 500K of 2 million is 25%
by Stravob 15y ago
you got a mistake with your math 500K of 2 million is 25%
- billswift 15y agoActually: They raised 500K at a high 2M (pre-money) valuation, giving away 20% The 2M is before the 500K was added, so it is 500K of 2.5M total for 20%.