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When funding is announced the amount put in via pro rata rights would be included in whatever the total that is announced. If a startup said they raised $10 mi
by birken 12y ago
When funding is announced the amount put in via pro rata rights would be included in whatever the total that is announced.
If a startup said they raised $10 million led by XYZ VC, that means that XYZ VC probably put in $5-7.5 million, and the rest would be filled with other investors and previous investors.
- leroy_masochist 12y agoMakes sense -- thank you.