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by chatmasta
2558 days ago
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> In 2003, courts ruled companies with more than 50 percent venture capital ownership are ineligible for SBIR grants. This seems like it would be a rare case, especially early in a company's lifecycle. Any company that is majority owned by VCs is either very late stage, or suffered a down round. Nobody is raising Series A or B while giving away more than 50% of their company to investors. |
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