Beyond your specific question, which appears to have been answered, highly recommend the book “Venture Deals” to learn more about equity based funding: https:/

Beyond your specific question, which appears to have been answered, highly recommend the book “Venture Deals” to learn more about equity based funding: https://www.amazon.com/Venture-Deals-Smarter-Lawyer-Capitalist/dp/1119594820 https://www.amazon.com/Venture-Deals-Smarter-Lawyer-Capitali...