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by jagath
4494 days ago
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Seems like a terrible deal to me. If your idea is any good, I'm sure you'll find 100K via AngelList or so as a convertible note. Giving up 50% to an incubator is unheard of. Incubators are great, but there is only so much they can help you with. Startups are filled with uncertainty and you may need more funding later on. And if you have already given up 50%, you are gonna find it real difficult to raise more capital. |
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