3 ms·
I had captable access at my last company. There was so much dilution (mainly due to a couple of nasty down rounds), after 5 years, even the founder's shares wer
by icedchai 5y ago
I had captable access at my last company. There was so much dilution (mainly due to a couple of nasty down rounds), after 5 years, even the founder's shares were barely worth anything. Investors owned 90% of the company, founder 8%, employee's maybe 2%.