Founder Ownership Math, Rainy Days, and Bigger Pies
Startup Codex

This post presents in a simple and precise way the round-by-round dilution mechanism that most founders are likely to encounter when raising funds for their project.

A good read for first-time founders who will be able to dismiss preconceived ideas on this subject, and the fear of early dilution and how it affects their eventual outcome when the company is sold.

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