Bad Notes on Venture Capital
Both Sides of the Table
SEPTEMBER 18, 2014
On the phone … Me: So, you raised venture capital? There are a million ways to do quick, easy, low-cost rounds with prices. If you want to give them a 50% discount offer them $1 of common-stock warrants (no liquidation preference) for every $1 of stock they buy. We raised a seed round. About $1 million.
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