3 ms·
your analysis is flawed. it really depends on the valuation at which each round is raised.
by hisabness 12y ago
your analysis is flawed. it really depends on the valuation at which each round is raised.
- mathattack 12y agoOf course. But it's post in one versus pre in the following. If the post-money valuation grows from 50 to 60 million after taking in 20mm in new money, the founders get diluted. If it grows from 50 to 60 with 5mm in new money, they don't.