Want to Know How VC’s Calculate Valuation Differently from Founders?
Both Sides of the Table
JULY 22, 2010
I told them that True Ventures had stuck to their brand name and submitted a totally clean term sheet. The VC’s $1 million still buys them 25% of your company – it’s you who has diluted to 60% ownership rather than 75%. This states how the proceeds from a sale or dissolution of the company will be distributed.
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