[mikk0j]

It wasn't "up to". It was those amounts stated in the docs, using only the number of founders (from one to three) as the proxy.

[michuk]

Just as Mikko hinted, most startups took 191k for 27% of shares. The thing to remember is that HackFwd gets diluted in next rounds together with the founders, there are no anti-dilution clauses in Geek Agreement (which is public, btw).