Remove 2005 Remove Dilution Remove Sales Remove Syndication
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How to Fund a Startup

www.paulgraham.com

November 2005 Venture funding works like gears. Some angel investors join together in syndicates. Whatkind of anti-dilution protection do they want? For example, VCs generally write it into the deal thatin any sale, they get their investment back first. Want to start a startup? Apply for funding by March 3.