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They had a version of a safe without a cap and instead just a discount. A cap is lame since it's just a one-sided valuation, but if you can get away with just
by Quanticles 12y ago
They had a version of a safe without a cap and instead just a discount.
A cap is lame since it's just a one-sided valuation, but if you can get away with just a discount, then that would work well.
- zabramow 12y agoWhat's the problem with a cap/valuation? General rule, whatever you raise, give up somewhere between 10-20%. You'll keep plenty of equity that way and your investor is getting a fair deal.
- deleted 12y ago[deleted]