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by haploid
5565 days ago
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Let's say you're a founder. You know that it only takes $X to develop and market a given app. So you go out shopping, asking for $(1.3X)MM( the estimate plus a small buffer )at a Y% dilution. You pitch your idea to Trust Fund Baby Ventures, LLC, and they shit their pants and offer you $(5X)MM, but at the exact same dilution, Y%. You've just been offered far more money than you think your business is worth. What do you say? No? |
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