3 ms·
dilution-wise, 30% post-funding > 30% pre-funding ;-)
by lmeyerov 11y ago
dilution-wise, 30% post-funding > 30% pre-funding ;-)
- erichurkman 11y agoBut a legal contract, in writing, promise of 30% equity post-funding would have to be disclosed to any new investors. If hew new shareholder didn't agree to it prior to an agreement or term sheet, it could sour the whole deal.