3 ms·
The usual reason that you don't want to give up too much equity is because you're selling control of the company -- not because you're worried about losing a sm
by wheels 17y ago
The usual reason that you don't want to give up too much equity is because you're selling control of the company -- not because you're worried about losing a small percentage of your exit. The difference between $10.7 and $10 million isn't all that worrisome.
I don't see much of a reason to worry about that in the YC case. I'm not worried about them trying to take over the board or block an exit or forcibly change a product strategy.