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by FloorEgg 7 days ago
Also it's a race, with theoretically exponentially compounding gains to the winner(s). So trading 10% dilution for capital that will exponentially compound, may mean that e.g. a 10% dilution now results in 50% greater market cap in 5-10 years, or 10% dilution now means the difference between winning or coming in 4th, which could be a 10x or 100x difference in market cap.