|
|
|
|
|
by itslogic
4931 days ago
|
|
I don't understand all this angel investment speak but the thing I am curios the most is simple. I apply
I make it "big" Does pin board owns any of my company because they invested $37 a month and provided exposure? I really don't understand who doesn't have $37 a month to be self-funded but I'm interested on exposure. |
|
If I understood the discussion elsewhere in this thread, he states that the investment is a form that gets converted to $37 worth of shares at the next fundraising valuation.
So if you raised venture capital at a million dollars valuation, he would own $37 worth of shares, which later if the company was sold for a billion would give the investor a cool $37,000.
Basically he is trying to make a point rather than make big profits.