What is it Like to Negotiate a VC Round?
Both Sides of the Table
JUNE 5, 2015
The truth is that I’ve been warning about convertible notes since 2010 it was first declared that “convertible notes have won.” How much is in the option pool? If you have 8 senior managers in place and I don’t think you’ll need as many people I might accept an option pool of 8% unallocated.
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