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. Search site Archive Select Month November 2012 (1). Warrants. -. 10,000,000. 13,333,333. 1,333,333 warrants x $0.50 Series A price).
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