How to Fund a Startup
www.paulgraham.com
APRIL 28, 2010
Some angel investors join together in syndicates. It costs you a little more equity, but being able to play the two firms off each other (as well as ask one if the other is being out of line) is invaluable. So after this the option pool is down to 13.7%). [ Startups valuations aresupposed to rise over time.
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