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I don't get how raising all of this money doesn't cause significant dilution. And doesn't it also subject your company to increasing terms and conditions that m
by Solvency 3y ago
I don't get how raising all of this money doesn't cause significant dilution. And doesn't it also subject your company to increasing terms and conditions that might be antithetical or orthogonal to your interests/mission? It just seems like this is CEO speak and the reality is probably more dicey..
- satvikpendem 3y ago> we sold very little in this round (1.4%, so there is minimal dilution to employees) If they sell very little, then they're not as subject to dilution as well as control (since the shares they'd sell are also voting shares). It's the same way Facebook was able to grow while keeping Zuckerberg as the sole majority voting power on the board, he sold very little of the actual company while pumping the valuation.