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The investors in the initial round usually have some sort of anti-dilution provision, so the founders get diluted much more. See this, for example: http://www.
by diego 14y ago
The investors in the initial round usually have some sort of anti-dilution provision, so the founders get diluted much more. See this, for example:
http://www.businessweek.com/smallbiz/content/jan2009/sb20090123_008974.htm http://www.businessweek.com/smallbiz/content/jan2009/sb20090...
- cperciva 14y agoAh, thanks for explaining. I thought such anti-dilution provisions would have gone out of style a years ago.