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I don't understand all this angel investment speak but the thing I am curios the most is simple. I apply I make it "big" Does pin board owns any of my company
by itslogic 14y ago
I don't understand all this angel investment speak but the thing I am curios the most is simple.
I apply
I make it "big"
Does pin board owns any of my company because they invested $37 a month and provided exposure?
I really don't understand who doesn't have $37 a month to be self-funded but I'm interested on exposure.
- deleted 14y ago[deleted]
- rm445 14y agoI believe it is a one-time $37 investment, not monthly. If I understood the discussion elsewhere in this thread, he states that the investment is a form that gets converted to $37 worth of shares at the next fundraising valuation. So if you raised venture capital at a million dollars valuation, he would own $37 worth of shares, which later if the company was sold for a billion would give the investor a cool $37,000. Basically he is trying to make a point rather than make big profits.