Using warrants to pump up your VC valuation
www.mattbartus.com
DECEMBER 9, 2012
Prior to the VC’s exercise of the warrants, the founders will actually own 67% of the issued shares because the warrant shares are not outstanding until the warrants are exercised. Employees, Advisors & Consultants (12). Intellectual Property (5). Warrants. -. 10,000,000. 13,333,333. May 2010 (4).
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