You kind of have to plan things differently: assume that there will be 3 or 4 rounds of investment before the company grows to an appreciable firm - Seed, A, an

You kind of have to plan things differently: assume that there will be 3 or 4 rounds of investment before the company grows to an appreciable firm - Seed, A, and B, there is some equity, say 10-15% for early employees, etc. Then you will conclude that giving away more than 20% at each stage will dilute you into nothingness Ofcourse the nature of the project, etc. matter a lot