3 ms·
For sure, I think I was a sucker, not that the company was acting outside of the law. In this case, I’m learning that my perspective on dilution is different f
by iambateman 3y ago
For sure, I think I was a sucker, not that the company was acting outside of the law.
In this case, I’m learning that my perspective on dilution is different from the founding team, who evidently feel fine tripling the share pool - as they should! Their odds of a major exit go up with millions in the bank, and the market is willing to bear that dilution, so of course they dilute.
Meanwhile, I end up feeling like I would have been better off buying $450 worth of Dogecoin and a really big pack of oatmeal crème pies.